MMBTtrader

BTCUSD new supports formed here and expected pump ahead

Long
MMBTtrader Updated   
BITSTAMP:BTCUSD   Bitcoin
Possible paths are now mentioned on the chart and we are bullish and expecting at least targets like:
A. 41K$
B. 46K$

in the lower timeframes, Local resistance formed near 38700$ and if this resistance remains valid price can fall to the strong support formed here based on Fiboancci (35K$) and then start to pump again, But if this resistance break price can easily pump more.

there is a black trendline that is one of the major resistance now and soon it can break then only after a valid breakout here we are looking for high volume and pump to the targets.

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Trade active:
If the blue trendline break price can pump hard as we said:


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