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Ccc_Trading
Dec 20, 2017 10:46 AM

Continuation of bullish trend? Long

Bitcoin / DollarBitfinex

Description

BTC dropped from all time high 19891 to around 15600 area which almost touches the top of the cloud.
The body of the candles sit on the 50% fib region which is also the Kijun-sen (red) line acting as a huge support.
RSI, Stoch and macd also shows upward motion which indicate possible continuation of uptrend.
stop loss should be place at Kijun-sen (red) line.
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