BITCOIN - PLACE YOUR BUY ORDERS AT 7K!!!

• Bitcoin is coming closer and closer to its support region at 7k.An extremely important moving average coupled with previous swing support zones will act as a major area of price holding up.
  
  A very good indication to this pump up at 7-7.2k comes in as we can clearly see fall in selling volumes.A price pump with major volumes is gonna be expected.
  
  A fall in Average Selling Volumes is a clear Indication of the Selling halting.
  
  Stay connected with me on my channel and then you can get regular updates!!
  

STAY STRONG

Comentário:

Now entered the support zone and look like we could see a pump really soon after hitting the MA.
Trade gets active at 7100.

Trade ativo:

The pump is here.600 points up and going

Comentário:

Prices have formed a range bound band within which we are finding it a bit difficult to break out or breakdown.
Levels above 8750 on the 4hr Closing basis should see us propel the price to 9200 for starters.

Comentário:

Book 50% of your profits from this trade.
Adjust Stop Loss to entry price + 100 points.

The confluence of the Moving Averages right at the current market price is a sign of concern and we must step back and wait to see what the price does next.

A close on the 4hr above the MA's will signify our second target of 9985 being activated.

Trade with Caution.