Positic

Potential price action BTC.

Long
Positic Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC has just retested the Neckline of the Double Bottom(White line) as Support. If BTC Keeps Support at the Green Zone and Has lots of green volume, we may expect the price to reach the target of 38,6K.

Green= Support
Red= Resistance

Disclaimer: this is not trading advice, trade at your own risk.

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Comment:
BTC broke the Neckline and failed to get back above the Green Zone.
This makes me reconsider this idea and make me think that there will be some more consolidation before a break to the upside.

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