Allmypips

Weekly Base bullish towards 16,000$

Long
COINBASE:BTCUSD   Bitcoin
weekly base Analysis:
Bitcoin (BTC) has rebounded above trend and the bulls are currently attempting to scale above the $12,000–$12,500 resistance zone. A breakout of this zone can retest the recent highs of $13,200. If the momentum can break through it 13K Next key resistance level 17200$, where short sellers will be forced to send back BTC 12K TP 10K$.

http://prntscr.com/oobcvy

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.