kktrader

Long BTC for now till we reach the blue area..

Long
BITSTAMP:BTCUSD   Bitcoin
On Nov 22, Selling Climax - high volume and high spread and closing above midpoint

On Nov 25 & 28, demand is overcoming supply

From Nov 30 till Dec 13, we see low volume which means selling pressure is losing its force

For now we can assume that the trend is tentaively Bullish

Potential Supply Zone is the area covered by Oct 26 where we can see high volume where sellers came in
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