BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC 618 Buy

Price rally and break down trend line

therefore we want to buy the pull back

Pay attention to 8500-8700
618 + Neck Line
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Thank you for this great analysis. What do you think about 0.786 level?
Is it possible we go to 0.786?

Thanks in advance for your answer
+1 Reply
It looks like it's in the process of this move. I think it's very possible that it will break that 10300 level as well in the same rally.
Reply
If this occurs it would indicate a breakdown of the resistance formed by the lower-highs.
Reply
Short term, maybe, but BTC is in big trouble. It’s being rejected in the middle of its bull run.
Reply
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