Bitcoin Trend & Market Factors / 03-10-2017

in #bitcoin7 years ago (edited)

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 Expected trading for today is between 4300.00  support and 4700.00 resistance.  

Big volatility has taken a considerable since the shutdown of bitcoin exchanges in China..

Bitcoin price now is 4400.00 and ready for a breakout in either
direction soon..

Move higher is more likely to happen than a breakdown..

So What Next..

03.jpeg

The trend for today is Bullish..
Why Move higher is more likely to happen than a breakdown !?

Because:

  • EMA50 support to the suggested bullish wave..

  • Stochastic indicate the bullish momentum is back..

  • RSI is stalling at the middle and starting to turn higher as well..

  • The attack in Las Vegas..

  • The looming risk of a strike from North Korea..

  • Uncertainty stemming from German politics, Catalonia’s independence vote, and Brexit..

Note:

  • Breaching 4400.00 level and holding above it, will open the way
    to test 4475.00..

  • Breaching 4475.00 level and holding above it, will open the way
    to test 4980.00 ..

  • Clear downside break and hold below 4236.00 level, might move the price to test 3776.00 level again before any new attempt to rise...

Expected trading
for today is between 4300.00 support and 4700.00 resistance.
Expected trend for today: Bullish.

Source


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Thanks for your analysis @lordoftruth..
Hedding to moon..🚀🚀🚀
Cheers Bitcoins..😊👌👍

Thank you for sharing :) Resteemed and upvoted. I hope that bitcoin will reach the 5000 at the end o this year.

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Bitcoin's price will continue to behave in a zigzag fashion, albeit in an upward direction overtime.

Thanks for update bitcoin analyses.
@lordoftruth

Good Day.

Great Bitcoin Trend & Market Factors. This Is Good Work.
100% like and resteem

@lordoftruth,
Yeah I think it will rise more and your analysis are absolutely great my friend! Thank you very much for sharing your unique but brilliant knowledge with us!

Cheers~

Clearly a mind of genius and genius

It just went below range, that's the first time since i read your posts. So take this as a compliment :-)

Thank you for sharing bitcoin trend and market information
Great job @lordoftruth

Excellent work by @lordoftruth. You always posted very important details
Have a nice day!!!!
Upvoted

@eileenbeach has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

0.25 SBD was sent.. thank you
To be honest I do not like the result of resteem as you did a lot of resteem .. the result is not the best
Anyway thanks for support and resteem

I think after the resteem of any post must wait at least one hour before any other resteem for better result

The technical info is great, but anyone can see that bitcoin even with China banning it looks to hold strong!
I think your right in that there's a bull run about to hit and 5000.00 is in its future.... just my guess..

Going strong for btc

Realistic analysis with nice demography !

Up to the sky

Higher and higher.

@cmtzco has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

I hope this too : )

 Move higher is more likely to happen than a breakdown.. 

Electronic currency has great importance in our country
It has become very important

Electronic currency has great importance in our country
It has become very important