Samppa290

Bitcoin correction probably ending

Long
Samppa290 Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin has been long on the downtrend. As you can see from the chart bottom should be at 7 000$ but we need to break at least 10 000$ to be sure that the downtrend is over. Next 50 days will show if we are going to see new highs on near-term. If we break 7 000$ we have supports at 6 500$ and 6 000$. Daily RSI is also approaching 20 and is on our side.

If we can get 20 likes I will continue to update this regularly
Comment:
Now it looks that 10 000$ holds but nothing is sure yet
Trade closed manually
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