Bitcoin price below the resistance – Analysis - 16-10-2018
Economies.com
2018-10-16 04:22AM UTC
Bitcoin price keeps its stability below 6500.00 level, to keep the bearish trend active until now, supported by the overbought signals that appears on stochastic, waiting to visit 6040.00 followed by 5880.00 levels that represent our next main targets.
We remind you that breaching 6500.00 will push the price to achieve gains that reach 6880.00 initially.
Expected trading range for today is between 5800.00 support and 6700.00 resistance
Expected trend for today: Bearish
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