Aerot

Back in Action - BTC/USD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Quick take from a different perspective than usual.
Crazy range since May chopping up many market participants.

Looking for an ultimate revisit of my 'range low' here around 8400.
Possible bounce to 9090 - 9200 then further down.
Looking for signs of support at 9100 for chance of further upside.

Will look to take a fresh macro EW overview soon.
Comment:
Squiggle (a) - Resistance met at 9090 -> head toward range low

Squiggle (b) - Break above 9100 toward 9200 ->
(i) Break back down toward range low OR
(ii) 9100 becomes support, bounce higher
Comment:
At initial resistance.
Comment: Tagged slightly under 9200 resistance target.
Watching 9100 for signs of support/breakdown now.
Comment:
Support 9090-9100 potentially found.
Look for launch toward 9200 for confirmation.

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