Bitcoin price tests the support – Analysis - 22-03-2019

Economies.com
2019-03-22 05:20AM UTC

Bitcoin price provided negative trades yesterday to test the key support 3920.00 and keeps its stability above it, accompanied by witnessing clear oversold signals through stochastic, while the EMA50 keeps supporting the price from below.

 

Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions, which its next main target located at 4424.00, while achieving it conditions holding above 3920.00.

 

The expected trading range for today is between 3900.00 support and 4300.00 resistance

The expected trend for today: Bullish

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