Cryptocurrency

Bitcoin price approaches the target – Analysis - 11-09-2019

2019-09-11 05:03:46 GMT (Economies.com)

Bitcoin price provided clear negative trading yesterday to approach from our waited target at 9855.80, to keep moving within the bearish channel that appears in the image, keeping the bearish trend preferred in the upcoming sessions, being aware that breaking the mentioned level will extend the bearish wave to reach 9350.00 as a next station.

 

The EMA50 supports the expected decline, conditioned by holding below 10600.00 level.

 

The expected trading range for today is between 9500.00 support and 10400.00 resistance

The expected trend for today: Bearish

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