Bitcoin price tests the moving average – Analysis - 25-04-2019
Economies.com
2019-04-25 04:21AM UTC
Bitcoin price tested the EMA50 that forms good support base now on the intraday basis, accompanied by stochastic entering the oversold areas, which supports the chances of bouncing bullishly to resume the expected bullish trend for the upcoming period, which its next main target located at 5741.10.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 5237.70, reminding you that surpassing the above mentioned target will push the price towards 6040.00 as a next station.
The expected trading range for today is between 5200.00 support and 5700.00 resistance
The expected trend for today: Bullish
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