SuperForex

Bounce again

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BITFINEX:BTCUSD   Bitcoin
We observe that our forecast worked and the pair reached the level of 7.100.
Now we see on the chart that the most likely price movement will be reaching the level of 7.900 at the level of which reverse reversal is possible.
If previously at previous levels the pair has already found local resistance levels, but in the current corridor (7.500-7.900) we have not yet seen such levels. A delay of only 7.6450 level is possible.
Therefore, we advise you to occupy long positions with a target mark of 7.900.

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