Khushildev

BTC Target of 11500

Long
Khushildev Updated   
BITSTAMP:BTCUSD   Bitcoin
The Resistance of $10000 is already tested multiple times now and has become week.
The trend is super positive .
The Initial Targets could be some where around $11500, where it might face some resistance (Although 11500 is also tested twice).
So it seems that BTC is going to give a breakout from $10000 levels and may spend some time at 11500 odd levels.
At 11500 levels it might try to retrace back, but the $10000 levels which acted as resistance earlier could act as support and btc might not come back to the 4 digit mark again.
Comment:
REACTED FROM THE 11500-700 RANGE.
TARGET OF 11500 ACHIEVED.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.