ProTradingNow

BTCUSD (Bitcoin) Simple Analysis

Long
BITFINEX:BTCUSD   Bitcoin
Look my friends, you could draw or use thousands of lines, indicators, patterns, etc. But to me, the simpler the better...

Right now we have a very clear range on the medium term charts, looks like its currently being rejected from the bottom of the range, which means that it is more likely to continue its way up, until it hits the next resistance level...

That simple, I'd be looking for long opportunities to take advantage of this range...

Cheers,
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