challenger_man

Bitcoin : Wait and see

Short
challenger_man Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC
In daily frame, the trend is still bullish, but we are in accumulation phase.
If we break the level 47298 (strong resistance), it is the confirmation of trend continuation and buy signal, other way the correction will continue.
I think the second scenario is the most possible. so wait and see..
Comment:
a mistake in the level: is 47928 not 47298 sorry for that.
Comment:
the price was stopped by the level 47928, Next support 43920.
a range phase will be installed
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