bandicootmoney

BTC/USD : Lower low? Bullish or bearish?

BITSTAMP:BTCUSD   Bitcoin
Hi guys,

Where is the Bottom? That is a good question, we need to have the best probability for the Bitcoin :

BULLISH SCENARIO :

- Low volume = next movement will be very strong, so be careful, but if it's bullish, big profits will coming!
- We have lower low since a few weeks, as you can see, we need to breakout the bearish trend line to have a good bullish Momentum
- We also need to break 50% RSI on daily chart and then, 53% RSI (previously resistance)
- Final objective : 7400$ (last high) to confirm the bullish start

BEARISH SCENARIO :

- If we broken down, the first step will be the bullish trend line about : 6300$
- Second step : 5700$ (the big red support)

The daily chart give goods signals and real probability, stay tuned because this will happened really soon for me.

SORRY FOR MY BAD ENGLISH GUYS :) TRY TO DO MY BEST

BE CAREFUL, BE SAFE

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