VARZAR_INVESTMENT

BTCUSD Trading plan based on volume analysis

BITSTAMP:BTCUSD   Bitcoin
Having tested the zone of 8850 USD (1st arrow on the screen) yesterday, the buyers broke the resistance of the sellers with a single order of 98 bitcoins, which took place in Time&sales at 9.36 GMT at a price of 2300 USD (2nd arrow on the screen). After that, the price showed new local highs at 9500 USD. A good area for purchases is 9300 USD (4th arrow on the screen) -this week's moved POC of auction with the expansion goals of Fibo 9800 USD and the long-awaited 10,000 USD (5 on the screen).

Our backup plan is a breakout of 9200 and to test it from below.

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