Bitcoin Trend / 06-11-2017 Midday Update / A Picture is Better Than One Thousand Words
Expected trading for the rest of day is between 6840.00 support and 7400.00 resistance
The bearish correction towards 6500.00 level still valid / 23.6% Fibonacci Correction (from 3000.00 to 7590.00).
Stochastic signals the return in bearish pressure.
RSI is turning lower and ready to move south.
Note, breaching 7590.00 level and hold above it, will cancel the bearish correction.
Expected trading for the rest of day:
is between 6840.00 support and 7400.00 resistance.
Expected trend for the rest of day:
Bearish.
What You Know About --> Fibonacci Retracement in Trending Market.
If You Are New Steemain Read --> Get Started Fast with Steemit.
If You are New in Forex --> Read Forex Education Center / Volume I.
Great news of bitcoin. Thanks for sharing.
Upvote Resttem
Great analyses and valid graphic summary. good information.
(((((( Resteem Service))))
Thanks for the update of btc article. great information
Great update for bitcoin info and good analyses .
thanks for sharing
100% like and resteem
That's pretty cool to know, thanks.
@lordoftruth My prediction it will hit maybe $7500 before it comes down to a respectable $6000 to $6500 but cryptocurrency is so unpredictable nothing will stop this coin from going to $10000. Wont it be great if it did that i can imagine all the smiles all around.
Excellent post thanks for sharing
This post received a 3.9% upvote from @randowhale thanks to @lordoftruth! For more information, click here!
Great analysis and article. I hope to see the price reach the 8000$ spychological barrier!
nice one...