Vlcounek

Vlcounek

Hey fellow traders, just a reminder to see the big picture... Look at the historical trading volume which is below us (actual price 38,5k atm) and the number of supports from them... Now imagine how much of a sell effort would that be to break all of them? Is it realistic? I feel NOT. Let's wait what FED will have for us next week, how the markets will react...

Vlcounek Updated 

Hi fellow traders, Yesterday Bitcoin closed above important resistance level (+/- 42550 USD). We are above the long-term trend line (red) and above short-term trend line (yellow). These are all bullish signs to get to the next resistance levels 48-52k. BUT the volume seems to be quite low - could it be a fakeout followed by drop (to 35 or lower)? On the 44-46k...