mijgan

Bitcoin: Let's the mortal kombat begin

Short
mijgan Updated   
BITFINEX:BTCUSD   Bitcoin
BTC now at the top of the ascending channel, and arrested by the fifth arcpairs.
There are some grounds to assume a trend reversal.

Important dates (+- 1 day):

22-Oct - probably $5200 will be broken
15-Nov - probably long-term support will be reached

Please remember that all trades you make at your own risk!
Comment:
Previous daily candle closed above fifth arcpairs, that is bullish sign.

you can expect retest of the upper levels in the area
Comment:
Looks like BTC have a lot of resistance at these levels
Comment:
This idea is considered only partially true. Soon we must see a breakdown of the $5200 level, but then go up to ATH with wave 5.

See the latest idea.

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