DFauvre
Long

Bitcoin still holding above support

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I see endless bitcoin analysis on TradingView, SeekingAlpha and in my Google news feed. Bottom line is bitcoin on a weekly chart establishes clear support and resistance zones. See chart. A green box is a support zone . Until price breaks and closes on a weekly chart BELOW the bottom green box, it's still a buy and has not shown that it's going to breakdown. So go long here and put your stop below the green box.
very good
Demand Zone & Suply Zone
Weekly chart
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