ELLIOT0511

Bitcoin - first resistance broken!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has just broken the first important resistance on the 4H chart, before opening a Long position it would be wise to wait for the closure of this candle above the resistance, which also corresponds to the daily closure.
The next resistance is around 51k, it is also the most important resistance on the daily chart , so it would be wise to close the Long between 48-51k.

Comments