New Week, New Levels

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Last week's target @7,500 was nicely reached and met with a bounce back to the upside.

BTCUSD is sitting around the 8,500 level right now. This level is both psychological and sitting right at the .786 which has shown to be a strong support/resistance & MR zone.

What I'll be looking for now is a strong close below the 78.6 or a possible touch & retest of the previous supportive TL (white) with a touch and go back to the downside -- or a break and close above that supportive TL.

The rest of the details are on the chart.

Happy Trading!

Last week's results --
3/11/18 — 3/18/18
BTC + 41.4% (43,200 C-Pips)
XRP + 27% (21,200 C-Pips)
ETH + 30.5% (26,700 C-Pips)
Total 98.9% (91,100)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out