BITSTAMP:BTCUSD   Bitcoin / Dollar
428 1 4
Bitcoin is entering new zones which usually means price is gonna react, although volume shows some buying momentum , its not convincing enough at this point due to coming weekly bearish close.

I would not take a long position right now and as soon as current levels start to break down I'd look for a short, 215 seems to be key support.

Macro targets are drawn in the chart. Above 245 I could see more swings up.

Related Ideas

W.D._Goon
Cool off
W.D._Goon about BTCCNY a year ago
W.D._Goon
Bag filling
W.D._Goon about BTCUSD a year ago
W.D._Goon
Wave correction
W.D._Goon about BTCUSD 1 2 years ago
Xman
2 years ago
agree with you.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out