Bitcoin Trend Series / EP. 648 / Weekly Setups Stands The Same

Time: 12.14 A.M. / GM+2 / 9th July 2018 – Mon.

In our previous post / 647 / we had forecast the trading range will be between 6.210K & 6.842K. The intraday low was 6.666K and the high was 6.774K.
Bitcoin price provides calm positive trading to move above 6.700K. But based on the recent market trend, Without A Breach Of 6.842K, we're waiting for a move below 6.210K, within 2-3 sessions. So our Weekly Setups stands the same and our major target of AB-CD Pattern around 4.300K still valid.

Sentiment

Based on the above
The trend is Bearish for today.

Support 1: 6210.000 level.
Resistance1 : 6842.00 level.

Support 2: 6.039 level.
Resistance2 : 7000.000 level.

Expected trading for today:
is between 6210.00 and 6842.00.

Expected trend for today :
Bearish.

Medium Term:
Bearish.

Long Term:
Bullish.

The low of 2018:
4267.00 / Expected.

The high of 2018 (BitcoinTrader's Year):
14469.00 / Expected.

The low of 2019: ???

The high of 2019 (Bitcoin Holder's Year):
36000.00 level / Expected.

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

Writing a series means playing a long game,
investing considerable time and effort up front in
hopes of considerable returns down the road.
I'm so proud of my little blog, and so grateful to all of you
for support to keep it going.

If You are New in Trading --> Read Trading Education Center / Volume I.

What You Know About --> Fibonacci Retracement in Trending Market.

If You Like To Read About Syrian War --> Click Here!