Bitcoin Trend / 31-10-2017

[lordoftruth]

 Expected trading for today is between 5935.00  support and 6330.00 resistance  

Bitcoin price has paused from the sharp rally and
fluctuates above 6000.00 level.

So What Next!

• Traders are waiting on the announcement of US President Trump on his Fed Chairperson appointee, November FOMC statement and the NFP report which could bring a bearish for the dollar and bitcoin price could benefit from.

• Technical indicators show mixed signals and the price needs to get enough positive momentum to push trading to continue the bullish trend.

• Bitcoin price may test 5935.00 as correction before any attempt to continue the bullish trend.

• Breaking 5935.00 level and hold below it, is negative factor that will push the price to extend the bearish correction.

Expected trading for today:
is between 5935.00 support and 6330.00 resistance.

Expected trend for today:
Still Bullish / But pullback towards 5935.00 might be happened.

Source

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

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Comments

[abudar]

thanks for sharing
good information, accurate and reliable.
I am sure as you mentioned in this post

[lordoftruth]

Thanks for continued support to my work

[machv]

Thank you for posting. Your technical analysis makes it so much easier for the rest of us to understand where the market is likely to go. Good job.

[annamur]

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[lordoftruth]

Your blog was checked
Thanks

[blazing]

going up up and above

[goldcoin]

Thanks for the update of btc article.

[oarman]

nice

[afzaalsabir]

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[sum421]

is it true that it will go 50000$ before 2030.. i hear that from a crypto expert

[shihabieee]

Great works, I wish you success

[anis09]

Good job @lorsoftruth

[anis09]

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[shanewilliams212]

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[mintu13]

great story....nice info

[rocksg]

Let us watch will bitcoin be able to break the 6000 mark.

[hassanabid]

bitcoin is high 😍