Bitcoin Trend Series / EP. 657 / What Mext!

Time: 9.09 A.M. / GM+2 / 18th July 2018 – Wed.

In our previous post / 656 / we had forecast the trading range will be between 6.420K & 7.050K. The intraday low was 6.666K and the high was 7.561K.
Conform 4H, Bitcoin price continues bullish rally after breaking 6.842K and the confirmation of IH&S pattern, so we expected the continuation of the rally towards 7.900K as long as the price above 6.842K.
The Expected Upmove remain valid conditioned by price stability above 6.842K.

Sentiment

Based on the above
The trend is Bullish for today.

Support 1: 7050.000 level.
Resistance1 : 7550.00 level.

Support 2: 6842.000 level.
Resistance2 : 7900.000 level.

Expected trading for today:
is between 7050.00 and 7900.00.

Expected trend for today :
Bullish.

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.

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

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

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