pmktyn
Long

BTCUSD movement analysis. Expectable movement.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
This is second part of today BTC analysis.

Purple lines this is expectable bb indicator movement.
Light blue is strong support level of 5 days movement.

2 strategy
1 blue - rise hight then light blue level, come back to level and then go up to 8500
2 reg - continue from part of blue

Total.
I wait for a tight bb channel which always predict movement ( purple lines ), i expect btc to enter the green channel, next is movement around light blue support line which will show where price will go.
Trade closed: target reached
Comment: Check levels on BTC
Still working
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