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BTCDJS1
About me Im an amateur trader. Got into trading because of my interest in Bitcoin. Been buying and trading bitcoin since 2014. It seemed the most useful thing to do with it. I use bitcoin to trade stocks and forex athttps://1broker.com/?r=9886
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BTCUSD Still making a play for 11.8k
BTCUSD, 240
Long
BTCUSD: BTCUSD Still making a play for 11.8k

BTC has broken through some resistances after making what seems to be a double bottom A & E pattern. Price has dropped to the bottom boundary of a channel which also intersects with a horizontal which was previous resistance and should now act as support. Next major resistance is around 11.8k. After that there should be a decent correction resetting some...

$BTCUSD Ranging market testing support and resistance
BTCUSD, 60
BTCUSD: $BTCUSD Ranging market testing support and resistance

Since price failed to capitulate lower near the 5.5k-6k range and seems to be coiling up now. It is poised for a move in the upward direction near 7.8k-8k. It will almost certainly be rejected at that price and come back to test the 6.5k-6.7k support. It could bounce between these two levels or possibly make a play for 9k. After that is anybody's guess. But fail...

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