Ibbraar
Long

NEW BULL CICLE #3

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Price strongly retraced back to the 6k range breaking downtrend resistance and horizontal S/R, all with increasing volumen, drawing a deviation to 3k. Price is above 100/200SMA in weekly, with a three White Soldiers formation. The bearmarket looks more than over, but we Will probably see some shakes before the market starts moving up. Any retrace to 6k zone is a nobrainer buy imo . Objetives of the new bull cicle in chart.




Good Luck
Trade active: Still heading for the 11.5-12k area
Trade active: Trade looking good, did short at 11300 area, and I will be searching for a long at 9.4k for a pullback to 11k area again. I dont expect a drop to 6k area, 8k looks good for a nice long squeeze. But will see.
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