Update for bitcoin 08-06-2017

in #bitcoin • 7 years ago

Bitcoin price leaned on 23.6% Fibonacci correction level that forms key support at 2677.40 and resumes its positive trading in attempt to head towards the bullish channel's resistance that appears on chart, to keep the bullish trend scenario valid efficiently in the upcoming sessions, which its next main target located at 3020.00, noting that the EMA50 keeps protecting the suggested positive scenario.     

Therefore, we are waiting for more rise today unless breaking 2677.40 level and holding below it.     

Expected trading range for today is between 2520.00 support and 3020.00 resistance     

Expected trend for today: Bullish

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7 years ago in #bitcoin by
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