Evar_Mayi

Bitcoin price (BTCUSD) achieves the target

Long
Evar_Mayi Updated   
BITSTAMP:BTCUSD   Bitcoin
strong breakout zone The price of Bitcoin (BTCUSD) rushed upward yesterday to succeed in achieving our expected target at 35890.00 and is facing strong resistance there to show some bearish tendency, waiting to gather new positive momentum that supports the chances of breaching this barrier to open the way to achieving additional gains reaching the 36500.00 areas.



Therefore, we continue to favor the upward trend for the coming period, keeping in mind that breaking 34680.00 will stop the expected rise and put pressure on the price to make some downward correction in the immediate term.

The general trend expected for today: bullish

Comment:
Bitcoin price (BTCUSD) is making strong gains
Comment:
The general trend expected for today: bullish

Trade active:

The price of Bitcoin (BTCUSD) resumes its positive trading after relying on the ascending trend line that appears in the chart, which supports the continuation of the expected upward trend in the immediate and short term, stimulated by the positivity of the Stochastic indicator,

The expected general tendency for today: generally bullish

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.