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v1z
Jul 4, 2018 5:04 PM

BTC bounces up, next levels: $7300, $7800 Long

Bitcoin / DollarBitfinex

Description

Downtrend lasts almost for a 2 months, and now we can see a first two signs of reversal on 1w chart: there was no lower low and trendline has been broken.

$7300-7800 will be key levels, because of fibonnacci 0.5 line, EMA200 and trendline.

There wasn't a global trend reversal, so we are still able to see BTC below $6000 if it won't break these levels.
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