BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello traders,

As you can see, BITCOIN has no more resistance zones as yesterday it broke all time highs

Lets watch Fibo retracements for the next few targets: 6220 and 6300

Its important to trade over the support line (that was once a resistance zone )

Good luck!

- Abdulla
Comment: BTC has bounced back from he support line
Comment: targets still active!
Support is still STRONG!
Trade closed: target reached
Comment: We had a bearish pattern that was never activated because the neckline did not break. Bitcoin reached its target!


May Allah reward you well
+1 Reply
@MR.Omar, Thank you for your kind words :)!
Im in with stop loss of 1%... I think that is the unique coin that is playing for traders this next days... FORK, the "new" way to make money. :D
its gone south bro, do you still think it will go to 6200-6300?
abdullatrader dsmith091100
@dsmith091100, It currently bounced really well from the support line that is highlighted in the chart. As long as its trending above it, the price targets are still valid.
CryptoNo0b dsmith091100
@dsmith091100, We're still two days far from '25th', so yes, it may rebound. I don't really see a reason for mass dump before BTG fork.
As always, simple and clean. I like it very much!
@rludvik, Thanks
I like the way you think @AAlFadhala
@Benjamix, Thank you. The main reason why I keep sharing my ideas is to deliver the way I read charts and for you to spot that is very smart of you, thanks again!
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