Bitcoin price tests the resistance – Analysis - 18-10-2018

Economies.com
2018-10-18 04:36AM UTC

Bitcoin price tests the critical resistance at 6500.00, as long as the price below this level, so our expectations for the bearish trend will remain valid in the upcoming period, waiting for targeting 6040.00 then 5880.00 levels mainly.

 

Reminding you that breaching the above mentioned resistance will push the price to turn to the upside and visit 6880.00 levels initially.

 

Expected trading range for today is between 5800.00 support and 6700.00 resistance

Expected trend for today: Bearish

 

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