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:
Comment: targets still active!
Comment:
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!

Comments

May Allah reward you well
+1 Reply
@MR.Omar, Thank you for your kind words :)!
Reply
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
Reply
its gone south bro, do you still think it will go to 6200-6300?
Thanks
Reply
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.
Reply
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.
Reply
As always, simple and clean. I like it very much!
Reply
@rludvik, Thanks
Reply
I like the way you think @AAlFadhala
Reply
@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!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out