SnowflakeTrader

Will Bitcoin support Hold ?

BITSTAMP:BTCUSD   Bitcoin
The 59500 area has been tested multiple times. I believe we may go back higher from here, but what a coincidence - Its FED Day today !! however, until we get back above the angle 3, I would not play longs here. Please note TrapZone is Red with Red Bars below it, so keep an eye on the UMVD. Can you see a LAREGE CHANNEL ???

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Pivoting and testing the resistance area multiple times
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Price came back up with GREEN UMVD and stopped with the 3rd angle down. Angle 2 is next. After that we can draw an angle going UP!
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Broke angle 2 and now sideways below 64700 resistance level
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Price testing the back of the DN angle 2, as Red UMVD pulled the price downward. Lets see If Buyers come in to push the price up and if we get a GREEN Bar for momentum Tomorrow!
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