Renkotrade

BITCOIN SHORT but possible Trendchange to Long 1 HR CHart

Short
BITSTAMP:BTCUSD   Bitcoin
Hello to all watching my charts

A nice situation we can follow here in these Pair

As everybody knows Bitcoin had made an enouros Rally up to 13500

which has been an overheating as we do see now.

Broke 4 supports (i have only marked 2 of them in black lines)

and the pair is now short since yesterday mornin.

But at the Level of 10600 buyers seems to set up an big support to drive the pair again into the north region

So now since today in the mornin there has build up a LONG channel

BUT please do attention: This is not shure a long chance cause BTCUSD is not traded outside the bigger Shortchannel driven at the moment.

New Longs i wold suggest to activate at:

Level 12400

Time: From Tomorrow Morning.

( I have marked that with an "ARROW ICON" )

If it reachs this arrow we should go long again.

Good trades

If you want to support my work and my charts, please like them..

Renkotrade

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