Kryptotrejder

BTCUSD short-tem resistance broken

Long
BITSTAMP:BTCUSD   Bitcoin
Formation 1-2-3 bottom was succesfully created and price reacted after touching main support. As we can see ascending triangel was finished and resistance level 10.500$ was broken. This value of 10.500$ is 50% Fibonacci retracement of previous short-term downtrend. Price in now staying at 61,8% around 10.700$. Main resistance is around 11.700$, which is my next point of potencial reverse zone for another short-term pullback.
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