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FxDollarZz

BTC/USD - Bounce From Strong Demand Zone - Broke Downtrend Line

Long
Bitcoin (BITFINEX:BTCUSD)  
FxDollarZz  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) BTCUSD Cryptocurrency
6
3
trendanalysis bitcoin btcusd cryptocurrency
Price bounced off of strong demand zone between $11,500 - $12,500, and broke the local downtrend line. Target is top of consolidation range, 18-19k, if we can break the triangle at 16k.



Triangle on daily chart:
snapshot




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