bitcoinwizard1

BTC IMPORTANTE MOVE AND UPDATE

BITMEX:XBT   Bitcoin / US Dollar Index
Heading to our first selling zone $7036/$7189, then retest of the neck line at $6800, now be careful Opening longs here, this retest Could fail and we could start dropping (40% for this idea). Next selling Zone and more risky one between $7400/$7500, You don't need to be the last person selling at the highest price, don't use one target use a Zone, for this idea i will give (60% probability) That level will act like a VERY STRONG Resistance it won't be able to go any higher than that, next buying zone 4900/5200 in August, if anything changes i will update. but this is the analysis for now.
Trade active: We won't open short sells at 7500 yet, need to wait for weakness signs!

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