- Bull long term trend still valid.
- CV19 had a huge impact in BTCUSD prices but it recovered the pre-crisis level in less than 2 months.
- Bears shorting below 10500 and placing tight SL above that level. Expect huge movements if 10500 is breached.
- Bulls still in control, consolidating above 8300.
BTCUSD has entered the sell zone of the long term bear trend and approaches the final resistance @10500.
Be ready to long or short depending on whether the pair breaches the 10500 resistance or retraces back to the 9000 level in the coming weeks. A lot of bears will be shorting here with a tight SL very right above the 10500 resistance. Right now it is the time...
I think there are really good trading days waiting us in the last two quarters of 2015. From a functional perspective there are many variables currently that could affect EURUSD outcome, many of those will be considered by FED in order to decide to increase interest rates or postpone it until December 2015 or even later. BCE just announced they are ready...
Be ready! Thrid BTC race is coming! This time it will be shorter (in time) but probably higher in volume!
Buy Zone: 340 - 360.
1st Objective: Break 370 resistance.
2nd Objective: Go to a higher top, around 480 USD.