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Bitcoin tests the support – Analysis - 07-03-2018
Bitcoin price fluctuates around the key resistance 10748.00, and the EMA50 attempts to protect the price from achieving more decline, to keep the bullish trend valid until now, supported by stochastic move inside the oversold areas.
Therefore, we are waiting for positive trades in the upcoming sessions, as our next target is located at 12852.65, while breaking 10748.00 represents negative factor that will push the price to decline towards 8643.35 initially.
Expected trading range for today is between 10000.00 support and 11600.00 resistance
Expected trend for today: Bullish
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USDCHF forms negative pattern – Analysis - 07-03-2018
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