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Aitvaras007

BTCUSD PRICE TO STAY IN RANGE FOR SOME TIME

Long
Bitcoin (BITSTAMP:BTCUSD)  
Aitvaras007  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis Bitcoin (Cryptocurrency) Cryptocurrency trading analysis
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trendanalysis chartpattern beyondta bitcoin cryptocurrency trading analysis
The latest dip and return back to 4100 area seems to lack strong motives for bulls to continue. I expect BTCUSD to stay in the range between 4100 and 3500 areas if no major news related to cryptos emerge. It might be though that price could break up but 4500 area seems to be a strong resistance. Again there is a chance (I'd like this to happen : ) ) to break down and reach 3000 area where new fresh longs could be established confirmed by bulls actions.
Safe sailing.

https://www.tradingview.com/chart/rWBYXwxD/
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