Jurij
Short

BTCUSD Strong Supply Zone Nearing 4H

BITSTAMP:BTCUSD   Bitcoin / Dollar
107 0 0
Bitcoin is clearly trending higher but there is a heavy supply zone which has to be taken out in order for the uptrend to continue. This zone could cause a bounce or a bigger price reversal.

TP 2.7R
B.E. 2R

Not trading this myself but just to give a heads up for those considering buying soon.
Better to buy on a pullback to 241.36 or 232.62.
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