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Sep 20, 2016 1:53 AM

Bitcoin poised to breakout Long

Bitcoin / U.S. dollarBitstamp

Description

the tight consolidation range 600-610 will break - add to long entry above 610.
Comments
TereMius
are we still stuck in the wide ranging between mid 600 and mid 700? what do you think is happening at this local top? big distirbution for the market to consolidate this levels on highest timeframes?
khalidgame
I think it's a consolidation case. Price could fall to 573$ than rally to next supply zone at about 650$.
j_nathan
that 200MA way too low bro
TereMius
Will this initiate the new rally or do you think, as me, we are in for a still long consolidation in a wider range?
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