koushikbadri5

IS Bitcoin in Grave Danger?

koushikbadri5 Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin these days have lost its charm, but the final movement will decide the fate of the investors.

Bitcoin has broken its recent weekly support and headed towards Retesting. all candlestick patterns breakout and retest are what all wait for if the retest is successful, it will cause huge fall in bitcoin price.

views are personal do not take positions based on my views. please read all trade related documents before investing.
Bakwas learn technical analysis before investing.

Happy Investing.
Comment:
Bitcoin has taken Resistance at 18530 Levels and has come down from that point New Support Update 16200
Below that we can see the above mentioned target
Sell trade Active as of now
SL 18400
Comment:
The break out dint happen properly and bitcoin continued to take support and accumulate lower levels. Buy was activated at 18445 and now the TGT has been updated to 30000
Trade closed: target reached:
Target of 30000 reached successfully

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