blockchaintrends

BITCOIN tripple tested support ?

Long
blockchaintrends Updated   
BITMEX:XBTUSD.P   Bitcoin
Price Action(PA) Bitcoin closed above 8200 price level. Closed above EMA 21,50 trend line. Strong resistance at EMA 100. Tripple tested support at 7700.
Indicators: RSI above 50 points, MACD above zero line. ( Bullish sign).
Pattern: Range trading between 7700 and 8500.
Weak Volume don't Confirm uptrend.
S/R: Support at 7700, Resistance at 8515.

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Comment:
Bitcoin tested mid range at 8100 price level. After bounce and follow our plan.

Comment:
Bitcoin hit our target !

Comment:
Exacly hit EMA 100 periods.
Comment:
Bitcoin current testing EMA 200 Daily level.
Comment:
Bitcoin drawing double top formation 8688 and 8692.

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