Expected trading for today is between 14400.00 support and 16400.00 resistance
Bitcoin price faced strong resistance around 15400.00,
and might test the support at 14400.00 level!
A Picture is Better Than One Thousand Words
Bitcoin price now is around 14900.00 and technical indicators suggest that some gains are in the cards.
EMA50 provide positive support to the bullish wave.
Moving averages reflect more bulls to the mix and sustain the upside break.
RSI indicate some bearish pressure.
Stochastic confirm that buyers are in control.
Breaching 16400.00 level and hold above it will push the price up towards 17600.00 level.
Note, Breaking 14400.00 level, will push the price to suffer more losses, towards the start of fear zone at 12400.00 level.
Expected trading for today:
is between 14400.00 support and 16400.00 resistance.
Expected trend for today:
Bullish.
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