Bitcoin price gets a negative signal – Analysis - 22-10-2018
Economies.com
2018-10-22 04:31AM UTC
Bitcoin price keeps its stability below 6500.00 level, noticing that stochastic provides negative overlapping signal on the four hours’ time frame, which forms negative motive that we are waiting to assist to push the price to resume the bearish trend in the upcoming sessions, which its next targets located at 6040.00 followed by 5880.00.
Therefore, we will continue to suggest the bearish trend unless breaching 6500.00 and holding with a daily close above it.
Expected trading range for today is between 5800.00 support and 6700.00 resistance
Expected trend for today: Bearish
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