shayous

Its Not the time for LONG in BTC/USD Yet

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BITFINEX:BTCUSD   Bitcoin
we had a down trend before and i think the market is modelling that, it has a time and price target but i think it cant goes there because of Major support below of the price.

so we had two Senarios :

1. the price come to the major line and time finish so we realize that the suppliers doesnt have enough power and we'll wait for a good LONG
2, the price come to the rectangle which shown in the chart and suppliers will have broken the major line (1 percent :) )

so we should wait for finishing time
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