KenzoCapital

BTC/USD Short Position at 11,7k$ Multi year Support & Res

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has topped out at 11,7k$ from the multi-year Support and Resistance

If bitcoin can handle this daily candle close above 11,7k$.
We might see the new resistance at around 13-14k$ (Watch out these level too)

Bitcoin Still bullish unless drop below 6k$ we might see couple months of bear season. This is the corrections of Elliot-Wave from Wave 3 to Wave 4 before massive bullrun and making a new ATH levels.

*DISCLAIMER ON
Comment: $ 8,500 Will be the Take profit area.

Consider to make it higher because there will be Huge Demand in psychology levels.
Comment: $ 9,500 (TYPO)
Comment: Hit the first dump at 0.236 Fibonacci Level.

From 11,7$ to 10,8$ = 7,69% with no leverage.
Comment: The lowest so far from the positions is 9875.

Patience is the key

Comments

when fump
+1 Reply
KKKIMCHI KKKIMCHI
@KKKIMCHI dump
+1 Reply
Here is it @KKKIMCHI the dump hahaha.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out