DavidKern

BTCUSD bounced off support, potential for further rise!

DavidKern Updated   
BITFINEX:BTCUSD   Bitcoin
We finished the Head & Shoulder and so we are back on the MAJOR support line. If we broke the MAJOR support line ($ 4200) then we would be back into the channel again.
That would be our main goal. But now our MAJOR line is a great resistance. If we broke through the resistance we would test the same line again and that would be our entry into a long.
Right now we are still in our trading channel. The market cap: $ 136,234,793,488 remains still far down. A breakthrough would be PERFECT for us traders.

Your @dk.kern
Trade active:
I entered a SHORT position on BITMEX at 4024 $ BTC is falling down below 4000$. I set down the SL to 4010.

I think if we can break the 4000$ fully I see 3950$. LETS GET IT!


@dk.kern

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