Bitcoin update 2.8.18

in bitcoin •  6 years ago 

Hey guys,

It's been a week since i've posted. As you can see bitcoin tested 7500 twice now, didn't break below (wicked but wtv) so i'm quite certain that we might test new highs soon. btcplay.png

My play here is to enter at 7550ish area and target 8900 with stoploss below 7400. SL is so tight because it could potentially break lower to 7200ish range or possibly retest the neckline at 6800. However indicators have been reset, we wicked twice to the down with strong defense of 7500 level so i believe we're gonna test higher now. 7800 is once again crucial level for bitcoin as it's now yet again a strong resistance level.

As always, trade safe.

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