Time: 8.12 A.M. / GM+2 / 10th July 2018 – Tues.
In our previous post / 648 / we had forecast the trading range will be between 6.210K & 6.842K. The intraday low was 6.616K and the high was 6.820K.
Bitcoin price shows bearish bias to approach testing EMA50. Without A Breach Of 6.842K, we're waiting for a move below 6.210K, within 1-3 sessions.
Our Weekly Setups stands the same and our major target of AB-CD Pattern around 4.300K still valid.
- On Daily Chart we're still watching for AB=CD target also.
- So, there are no change in our Bearish Scenario unless breaching 6.842K and settling above it.
The trend is Bearish for today.
Support 1: 6210.000 level.
Resistance1 : 6842.00 level.
Support 2: 6.039 level.
Resistance2 : 7000.000 level.
Expected trading for today:
is between 6210.00 and 6842.00.
Expected trend for today :
Bearish.
Medium Term:
Bearish.
Long Term:
Bullish.
The low of 2018:
4267.00 / Expected.
The high of 2018 (BitcoinTrader's Year):
14469.00 / Expected.
The low of 2019: ???
The high of 2019 (Bitcoin Holder's Year):
36000.00 level / Expected.
investing considerable time and effort up front in
hopes of considerable returns down the road.
I'm so proud of my little blog, and so grateful to all of you
for support to keep it going.
