Bitcoin price within positive pattern – Analysis - 21-02-2019

Bitcoin price’s recent trades are confined within bullish pennant’s pattern that appears on the minor image, thus, the price needs to breach 3950.00 to get positive motive that reinforces the chances of continuing the expected bullish wave on the intraday and short term basis, noticing that stochastic provides positive signals now.

Therefore, the chances are valid to continue the bullish trend in the upcoming sessions, waiting to visit 4224.00 as a next station, while holding above 3810.00 represents key condition to achieve the waited targets.

The expected trading range for today is between 3720.00 support and 4200.00 resistance

The expected trend for today: Bullish