Sigil_Tech

Bitcoin breakout after short dip to $3200. (BTC/USD)

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin to move up after short dip to $3200. Bitcoin finds support from 3 key areas which will lead to the bounce. (1) bullish descending wedge (2) 200 week MA (3) Buy support at last low / those who know a double bottom is possible. If an upward movement occurs, watch for stiff resistance to the bullish movement at the 50 day MA (around 3750) and 4200. Best of luck traders.
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