Midday update for bitcoin 12-01-2018
2018-01-12 11:38:56 GMT (Economies.com)
Midday update for bitcoin 12-01-2018
 

Bitcoin price shows sideways trading since morning, settilng below the EMA50 that forms negative pressure against the price, while stochastic shows clear overbought signals now, which supports the continuation of the expected bearish trend for today, which its targets begin by breacking 13167.00 level to open the way to head towards 11160.00, reminding you that it is important to hold below 14409.00 to keep the chances of achieving the suggested targets.

 

Expected trading range for today is between 11160.00 support and 14400.00 resistance

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2240
0.0040
0.3262%
1.3899
0.0170
1.2404%
16.944
-0.307
1.782%
63.785
-0.670
1.040%
69.16
-0.22
0.32%
1327.280
-11.170
0.835%
 
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