Renkotrade

Bitcoin still LONG in a bigger Point of View

Long
BITSTAMP:BTCUSD   Bitcoin
Hello to all watching my charts.

Lets today have a again a bigger and longer time view in Bitcoin

and check the last 6 month.

There we had a strong resistance in 8700 aerea which we could
climb above.

(2 Big Blue Lines)

And these old resistance are now Spports.

So Bitcoin is in a normal Pullback Mode after the Spike and
Short Squeeze to these 8700 Level.

Then we have to watch that carefully

No trading below should be taken if LONG is still the Play

I think trading below that we are in short level again.

Good trades

If you want to support my work , please be so kind and like them

-
My posts are not and advice to buy or sell something
always do your own research
-

Renkotrade
----------

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.