Midday update for bitcoin 16-08-2018
Economies.com
2018-08-16 09:30AM UTC
Bitcoin price returns to test the EMA50, which urges caution from the upcoming trades, as surpassing 6440.00 will lead the price to turn to rise and achieve gains that reach 7000.00 initially, while we will continue to suggest the bearish trend for today depending on the price stability below 6440.00, reminding you that our main waited targets begin at 6039.30 and extend to 5500.00.
Expected trading range for today is between 5800.00 support and 6600.00 resistance
Expected trend for today: Bearish
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