BTCUSD

Okay Folks...here we go on BTCUSD. In my previous TA, I had mentioned how the price is inclined to go low, and it did. The price is entering a very important zone of support here. It has tested this zone 3 times before ....Dec 2017, Feb 2018, March 2018. Everytime the price entered this zone, it has bounced back up. However, every bounce has resulted in a lower high. So this time it will be interesting to watch what price will do. If the pair is really bearish, it may break the zone and continue its downfall. On the other hand if it doesn't fall, then we need to watch if it can make a new higher high or will it keep on continuing make lower high. I will be watching closely here and will keep you updating as I see.

Trade closed: target reached:

Price hit that bottom of the support...$$$