BITCOIN Valid Breakout? Buying Time?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The BTC             broke its previous structure high at 9400 area with a very strong bullish bar that is considered a valid breakout. Then it bounced back and backtested the structure again. The recent bar is bullish and it means more buyers are going to step in and push the price up. In additions, the new buying orders are usually placed at key areas that give the more momentum to the price. I expect the price to go up at the next structure high at 10000 area, which acts as resistance.

- Follow & Comment -
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out