Bitcoin price around the moving average – Analysis - 16-09-2019
Economies.com
2019-09-16 04:54AM UTC
Bitcoin price settles around the EMA50, moving inside the intraday bearish channel that appears on the chart, to keep the bearish trend scenario valid and active for the upcoming period, waiting to visit 9855.80 level mainly.
Holding below 10600.00 level is important to continue the expected decline, as breaching it will push the price to achieve gains that reach 11342.10 on the near term basis.
The expected trading range for today is between 9800.00 support and 10600.00 resistance
The expected trend for today: Bearish
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