lordoftruth avatar

Bitcoin Trend / 22 - 01 - 2018

lordoftruth

Published: 22 Jan 2018 › Updated: 22 Jan 2018Bitcoin Trend / 22 - 01 - 2018

Bitcoin Trend / 22 - 01 - 2018

bitcoin.png

 Expected trading for today is between 10700.00  support
and 13400.00 resistance  


Bitcoin price try now to test the support 11100.00 but
stochastic shows positive signals to motivate
the rise towards 12600.00 / 38.2% extension,
followed by 13000.00 / 50% extension.

ooo.jpeg

So What Next!

22.jpeg

  • Bitcoin price now is around 11400.00 on the fear zone but technical indicators indicate a pickup in bullish pressure that might move the price towards 13400.00 level / 61.8% extension.

  • RSI indicate that buyers have the upper hand.

  • Stochastic is on the move up to reflect bullish pressure.

  • More positive updates in South Korea regarding the operation of bitcoin exchanges support the bullish wave.

  • Note, Breaking 10700.00 level and hold below it, will cancel the bullish wave as the bullish trend will remain valid unless clear break below this level.

Expected trading for today:
is between 10700.00 support and 13400.00 resistance.

Expected trend for today:
Bullish.

Source

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

lord1.png

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

fibo.jpeg

If You Are New Steemain Read  --> Get Started Fast with Steemit.   

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

If You Feel Invisible on Steemit  --> Come and hang with us.   

What You Know About --> Syrian Civil War.   

sy.jpeg

Leave Bitcoin Trend / 22 - 01 - 2018 to:

Written by

Read more #bitcoin posts

Best Posts From lordoftruth

We have not curated any of lordoftruth's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From lordoftruth