BTCUSD - possible scenarios.
Updated
If weak resistance line around 7400 will broke, next point is 5800 - 6100, strong resistance area.
Only very bad news can break this price and who knows what is the next stop. Many bitcoin players just waiting to a moment to buy
and some of them will hurry up with it, in this case we will see a positive dynamics, big buy volume increases chances to change price direction.
Any thoughts and comments is welcome.
Only very bad news can break this price and who knows what is the next stop. Many bitcoin players just waiting to a moment to buy
and some of them will hurry up with it, in this case we will see a positive dynamics, big buy volume increases chances to change price direction.
Any thoughts and comments is welcome.
Note
Near resistance - breakout will be nice. In idea description first line I mean:
"If weak support line around 7400 will broke, next point is 5800 - 6100, strong support area."
Good that another temporary support appear near 7900$, also some neutral and positive news comes.
Note
Breakout ! Some hours to confirm.Trade active
Bounced from the line. Good sign, testing new support.Trade closed: target reached
Confirmed uptrend began.
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