pawme
Long

Bitcoin! It's Time for U-turn!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After bears have taken the place for the last month it's a good time for a bounce back to 10000 and 11000.
The bottom support is so strong, that anytime it can bounce back to 7700 and up.
Good luck everyone!
Trade active: So the moment for the U-turn was right!
Now, to talk about fully recovered bullish trend, we need to see the levels above 8000.
The downtrend support is made above the common points in order to follow the specifics of the BTCUSD volatility.
Comment: So far it's going according to the plan, however the primary levels to watch - 7500 and 7800. If it goes over 7800, than it's a bully, but if it goes below 7500, it might touch the 7000s again.
Good luck everyone!
Trade active: The critical moment isn't over yet. The bitcoin should get over 7800, then it's a comeback to 9000-10000 levels.

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