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Skandhatrade

#BTCUSD approaching Support Area , the potential a buy!

Long
Bitcoin (BITSTAMP:BTCUSD)  
Skandhatrade  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns BTCUSD BTCUSDLONGS Cryptocurrency
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trendanalysis harmonicpatterns chartpattern btcusd btcusdlongs cryptocurrency
#BTCUSD Price is trading in the demand zone and we got the price rejection and waiting for the any bullish candlestick formed once the price close the above channel its possible to moving next resistance level 40628

Why we like it:
price trading in demand zone
waiting for the bullish Candlestick Formation
waiting for the channel breakout


1st Resistance:
40628
Next supply area & horizontal swing high resistance

2nd Resistance:
41170
Next supply area & horizontal swing high resistance

1st Support:
37300
Next demand area & horizontal swing low resistance
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