Bitcoin price breaks the support – Analysis - 09-11-2018
Economies.com
2018-11-09 04:52AM UTC
Bitcoin price managed to break the bullish flag support line mentioned yesterday and settled below it, to activate the negative effect of this pattern, waiting to motivate the price to resume the bearish trend that targets 6040.00 followed by 5880.00 levels as next main stations.
Therefore, the bearish bias will remain suggested in the upcoming period, conditioned by the price stability below 6500.00.
Expected trading range for today is between 6000.00 support and 6500.00 resistance
Expected trend for today: Bearish
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