MMBTtrader

BTCUSD all possible paths now wait for breakout and then decide

Long
MMBTtrader Updated   
BITSTAMP:BTCUSD   Bitcoin
When price was near ATH we talked about reasons that market is going to dump and breakout happen and price dump hard as you can see:

this time price is not bounded with wedge and .... this pattern need to be complete, then we can decide for real path of market .

every thing is possible now breakout to upside or downside so it is better to use two zones that if it break we make our decision .

these zones are now 40K resistance and 30K support when each break then we have new uptrend or continuation of fall .

Notice :rise and breakout to upside is still with more possibility.

DISCLAIMER: ((trade based on your own decision ))
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Comment:
rise and pump possibility is once again increased beacuse some fundamental news and ... considered now too.

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