WiseAnalyze
Short

The King is falling

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
In general BTC looks good and recovering. But now we may see some correction take place. Marked possible bounce zones - may bounce at any point - better if it will be from first support but most probably it will go down to the last one at 3700)

In case price bounce of trendlines it will grow to the next target 4330.
Trade closed: stop reached
Trade active: Ha! It turned out to be bull trap. And the price went down just as I predicted, towards 3700 support. So far it is not clear if the fall will continue. All attention to volume under candles.
Comment:
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Comments

Did you mean a correction up? ;-)
Reply
WiseAnalyze Polyphonica
@Polyphonica, you never can be sure of BTC moves, especially when on hype after a whole year of falling =)
I've mentioned target 4330 in case of trendline bounce. Went to sleep just before it bounced. Now we have 4100 as support meaning Bitcoin finally got above 4k - which is a really bullish sign
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