Bitcoin Price Forecast: Bulls want to push up? Uno reverse Long
Bitcoin / U.S. dollarBitstamp
Description
⋅ There is bulls,bears and volume.
Volume action - 10400 - 10530 if doesn't hold wait for retest @10000 , follow the volume you follow the money
I believe a breakout is on the way we bounced off 365 ema on 8hr time frame twice.
I believe this is a round 1 situation meaning bulls at this level will try to push it up if it fails
I believe we can see 9000 again which is the biggest volume support. 7000 minimum.
The daily confluence detector shows a lack of healthy support levels.
There are four strong resistance levels $10,475, $10,580, $11,335 and $11,600.
Comment
⋅ thiss range will determine direction
Trade active
⋅ We hit 11k target wow.