Bitcoin within tight range – Analysis - 22/04/2014
2014-04-22 05:33:03 GMT (Economies.com)
Bitcoin within tight range – Analysis - 22/04/2014
 

The tight range dominates bitcoin price recent trading, which hovers around the bearish correctional trend line, thus, our neutral attitude remains valid until now, waiting to succeed to breach one of the next intraday trend keys represented by 496.80-488.00 support area and 548.00 resistance, reminding you that breaking the mentioned support will push the price to head towards 400.00 followed by 339.40, while breaching the resistance will offer good positive motive that supports stopping the bearish correction that dominates the recent trading followed by targeting 624.00 areas initially.

 

Expected trading range for today is between: 440.00 and 600.00

 

Expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1776
0.0010
0.0875%
1.3218
0.0032
0.2453%
16.997
-0.051
0.302%
52.055
0.020
0.038%
57.85
0.10
0.17%
1276.820
-3.725
0.291%
 
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