wibrahim

BTC/USD - Price at resistance

Short
wibrahim Updated   
BITFINEX:BTCUSD   Bitcoin
After successful buying analysis posted few weeks ago, now i can see that the price is at an important area of interest where major RES is. Price has to clear this area to show further upside. I will be looking for rejection here and if so, sell the rally to TP 1 as indicated on the chart.
Comment:
Price break through the RES, now this is what I see and best approach will be to look for HL to buy it as long demand holds

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