UnknownUnicorn2760874

BITCOIN price near Resistance Level, Trading Plan

Long
BITFINEX:BTCUSD   Bitcoin
Reasons:
- Price bounced from support level
- Support level 8200 $
- At this moment price at resistance level
- 1st resistance level at 8340 $, 2nd 8475 $
- If price will breakout resistance level then after pullback we can open long position
- Always do your own research

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Comment:
Price didn't breakout resistance level, trade was cancelled
Price made a strong downside movement form resistance level
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