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Mihai_Iacob

Bitcoin- time to sell?

Short
Bitcoin (BITSTAMP:BTCUSD)  
Mihai_Iacob  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Wave Analysis BTCUSD btcusdshort btcusdforecast btcusdidea bitcoinforecast Bitcoin (Cryptocurrency) bitcointrading
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trendanalysis indicator waveanalysis btcusd btcusdshort btcusdforecast btcusdidea bitcoinforecast bitcoin bitcointrading
In my previous BtcUsd analysis I said that bitcoin can rise to 11k zone from 10k bottom.
Now the price is just into this zone...
With a confluence resistance given by ascending trendline and horizontal level, I expect a new leg down from Bitcoin that can bring the price under 10k to 9k support.
A sell trade around 11.200 can also have a good 1:2 R:R
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