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Bitbloxx
Jul 19, 2019 9:41 AM

BTC - Support Zone Incoming Long

Bitcoin / TetherUSBinance

Description

After Yesterday's mega pump in BTC, 240M 100EMA proved to be a strong resistance, followed by exhaustion in the momentum. Considering the solid buyers that pierced through the resistance yesterday, we believe a 50% retrace (From 18th July low to high) would coincide with an important horizontal support. This calls for accumulation in the specified zone with targets set between $11,750 - $12,150.

Trade active

BTC has approached the specified support zone. We recommend accumulating here. However, 24th July 2019 day close is important for the sessions to come.

Trade active

Comments
asdasadsadsadsda
When altcoins season is going to start? This idea below explains it
asdasadsadsadsda
@Free_Bitmex_Signals,

Kami4868
@Free_Bitmex_Signals,
Many thanks
Bitbloxx
@Free_Bitmex_Signals, We shared our altszn chart earlier last week. You can check it out here:
asdasadsadsadsda
@Bitbloxx, ok I liked/followed ur chart, hope u will do the same with mine:)
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