If Bitcoin Breaks on upside, Here is where its gonna stop

12 de abr. de 2018

BTC is trying to Break on the upside with SHORT Term indicators flattening out and selling pressure is easing. We are not out of the woods yet, but a SHORT Covering Relief Rally is on the cards if BTC Breaks & close above 7000 in 2 H1 candles. On the upside we have significant resistance around 7214-7315 Area in the form on 20 DMA, We may test 20 DMA area only to pullback to sub 7000 Levels & playing 6900-7200/7300 Range before staging an attempt to 7515-7650 which is where is should stop for couple of days before staging a pullback to 7000 Area (We will update pullback levels once we get there). DYOR, we may take a High Risk Counter Trend BUY Trade around 6900-6950 Area if we pullback there (Extreme High Risk, if 6889 doesnt hold than we may go all the way back to 6450 & beyond on bottom, so DYOR)