Mid Day BTC USD - Bitcoin Analysis for 20TH March, 2018

Ebitcoinics Analytics   20 Mar, 2018   www.economies.com   Views: 375

BTC/USD Analysis for 19TH March


Open   7,804.2500

Close   8,495.6797

High     8,718.7402

Low     8,232.1396

Details

Bitcoin price settles below 8,643.35 level, and stochastic still overbought, therefore, no change to the bearish trend scenario that depends on the stability below the mentioned level, supported by the EMA50, reminding you that our next main target is located at 6,039.30.

 

Expected trading range for today is between 7,600.00 support and 9,000.00 resistance

Expected trend for today: Bearish


NB

This analysis is for information purposes only and does not amount to a trade signal.


Thank you




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