DinoAlpacino

Bitcoin MAJOR LEVEL (10k) Support/Resistance

DinoAlpacino Updated   
BITSTAMP:BTCUSD   Bitcoin
Hey All Fellow Traders, Teachers, Students,
Here we are looking at a CLEAR Level of Support on BTC/USD at around $10,000. This Level in the past has proved to be a major resistance zone! But Now Currently have breached this resistance area and have been holding above the $10,000 mark Strong! This Can Prove to be a Major Support Level that WILL take Bitcoin to Test New Swing Highs, and possibly new All Time Highs! I Have been watching this 10k area for quite some time, years now, Lets watch the Price Action Play Out !!!

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Quick Update we possible have a Bullish Convergence Ahead to Spark Bitcoin Heading back into $11,000 Area and Above. Within H4 Timeframes I am looking for buy on Bitcoin Above $10,700 with a Stop Loss at $10,350. There are possibly even greater entry areas at $11,000 (Support/Resistance) Level and also Breaking into New Weekly Swing Highs at around $12,600

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