Cryptocurrency

Midday update for bitcoin 14-09-2018

2018-09-14 10:17:51 GMT (Economies.com)

Bitcoin price presses negatively on the support base formed above 6550.00 after breaching it previously and attempts to hold below it now, which urges caution from the upcoming trading, as breaking this level will stop the expected rise and put the price under the negative pressure again, while the price needs to step above 6550.00 again to keep the bullish trend scenario active for today, noting that the EMA50 attempts to protect the positive scenario, waiting to target 6880.00 level mainly.

 

Expected trading range for today is between 6200.00 support and 7000.00 resistance

Expected trend for today: Bullish

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