Bitcoin price completes the positive pattern – Analysis - 10-10-2019

Economies.com
2019-10-10 04:52AM UTC

Bitcoin price managed to breach 8525.00 level and holding above it, to complete forming the double bottom pattern that appears in the image, getting a positive motive that supports our expectations by achieving more of the upside moves in the upcoming sessions, where its main targets are located at 8970.00 then 9330.00.

 

Therefore, the bullish trend will remain preferred unless breaking 8240.00 level and holding below it.

 

The expected trading range for today is between 8240.00 support and 9100.00 resistance

The expected trend for today: Bullish

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