Rezonator23

Possible break out?

Rezonator23 Updated   
BITFINEX:BTCUSD   Bitcoin
There has been really nice bounce and price is now testing the sideways resistance, if we break out and we manage to stay two 1D candless above the sideway line, then we could see rally to the first resistance (yellow line).

If we break more down, then we could see indices that Bitcoin is going to retest the 3.100 USD price.

The market is highly manipulated, especially at this low volume.

Stay sharp, its better to buy BTC with even more discount if possible, however I believe we could go temporary up to 4000-5000 USD if the break out will happen and the price bounce nicely.
Comment:
Break out confirmed. If we will go above 3700, then it will be good time to buy some more BTC
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