ARESABI

Daily Bitcoin Update - E06

Long
ARESABI Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello friends! This is my daily Bitcoin update. I will update you at every price event, so make sure you get notified by following me. If you would like to see more trading ideas like this, please click the like button!

The price of Bitcoin (BTC) is retracing back to our previous strong resistance from 7600.00 to 7800.00, which is also a good buy zone in anticipation for a continuation of the uptrend.

Since Bitcoin is very volatile, we might see a fakeout to the downside, which is shown buy the fractal (green candles).

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Cheers,
cryptobuller
Trade active
Trade closed: target reached:
Sold 35% of my position at 8100.00

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