Bitcoin price begins positively – Analysis 18th April, 2019

Ebitcoinics Analytics   18 Apr, 2019   www.economies.com   Views: 334

Bitcoin price attempts to breach 5,237.73 level now, while stochastic continues to provide the negative signals that support the chances of continuing the expected bearish trend on the intraday and short term basis, waiting to rebound bearishly to head towards 4,830.90 level that represents our first main target.

 

On the other hand, we should note that confirming breaching 5,237.73 level will stop the suggested negative scenario and lead the price to head towards 5,741.10 as a next positive station.

 

The expected trading range for today is between 4,800.00 support and 5,400.00 resistance

The expected trend for today: Bearish


NB:


This analysis is for information purposes only and does not constitute a trade signal



All Comments (0)

No comment yet

Please login to leave a comment. Click here to Login.