Bitcoin has broke out with high volume.
Each time this occurs, there is a very high chance for it to continue upwards.
Reversal zones are where lots of market participants market entered, meaning that this can act as support.
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Each time this occurs, there is a very high chance for it to continue upwards.
Reversal zones are where lots of market participants market entered, meaning that this can act as support.
Thanks for viewing!
Comment:
Expecting reversal zone to be 10400.
It cannot go below 10200 before reversal unless something like the Bitstamp dump happens again.
It cannot go below 10200 before reversal unless something like the Bitstamp dump happens again.
Trade closed: target reached:
10400 hit with 4% bounce.
You guys have traded through the low and accumulated the bottom. Congratulations!
Even 6k hodlers are now to be treated with respect. It must have been hard.