Pheneck

Where to buy the retrace on bitcoin, don't miss out the run up!

Long
Pheneck Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin pump seems exhaustive over here, it's bound to give us a retrace down to support levels i have marked.

Ideal buy zone would be around 8250 region where the mid range level is, it is also in confluence with the breaker marked in yellow.

I'd hope nobody gets caught off guard trying to long bitcoin here, it could hurt you before finally resuming the bull trend.

Cheers!
Comment:
We have reached the mid range level as I had mentioned weeks ago, unfortunately price action had been very boring and a lot of sideways, so there was not much to update on, as it still stands, we are at higher time frame support which i had marked 3 weeks ago and we are finally at the phase to try a long opportunity

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