VasilyTrader

BITCOIN (BTCUSD): Key Levels to Watch

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar

Hey traders,

Bullish rally on BTC continues.
Here are the key levels to watch for occasional pullback and trend following moves.

Resistance 1 - 59.000 - 60.000 structure
Resistance 2 - 64.000 - 65.500 structure

Support 1 - 39.500 - 41.200 structure
Support 2 - 39.300 - 40500 structure
Support 3 - 28.800 - 29.800 structure

The best strategy to follow is to look for a pullback/retracement to key supports for trend following buying.

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