Bitcoin price approaches the target – Analysis - 24-04-2019

Economies.com
2019-04-24 04:29AM UTC

Bitcoin price crawls upwards to gradually approach our waited target at 5741.10, and the price gets continuous positive support by the EMA50, noting that stochastic current negativity interprets the reasons of the slow bullish wave.

 

In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 5237.70 level and holding below it, reminding you that surpassing the above mentioned target will push the price towards 6040.00 as a next station.

 

The expected trading range for today is between 5400.00 support and 5900.00 resistance

The expected trend for today: Bullish

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