gillman_hugh

BTC POTENTIAL BUY ZONE 200 DAY MA

Long
BITFINEX:BTCUSD   Bitcoin
BTC is approaching its main trend line which has acted as a support and resistance in the past. Along side this we are also approaching the 200 day moving average which is a key support level to hold.

We have support in the range between 8500-7500 USD value which could potentially along with the other two support's mentioned above give us a nice point to make an entry and a nice point to make a trend reversal for 2018

Lets watch this space.. :)
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.