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BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello there! Looks like we reach second strond support/uppertrend like so mostly like we are in consolidation period for now, formed by fourth elliot wave , so yeah. let the train back up a little bit.To make sure for a price moving up we are allowed to open long trades at 7000 zone when we breake a lesser downtrend line. we got like 3 resistance line till 9000 zone, but for me there should be healing from this fell. RSI on the bottom so the is one more good sigh. Otherwise, stop loss at ~5500 zone. Good luck.
Comment: this is pretty bad sign..
Such an obvious move. Good job drawing it, though! Keep it up!
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