mahmoud237

Downtrend line Vs 50MA

mahmoud237 Updated   
BITSTAMP:BTCUSD   Bitcoin
Now Btc has to choose its path

Either break the downtrend line and goes for a bull ride to +20000
OR Breaks the 50MA "Orange line"... Breaking that line will force us to 100MA which I believe it will be the last point and we can't go further more down.

We will know very soon
Comment:
Trying to break downtrend line NOW
Comment:
Already broken
We need confirmation by staying above it at 4h chart

Anyway, Don't forget to put Stop-Loss at all of Altcoins
Comment:
The Major resistance of Bitcoin now in 16500
IF BTC break this level we will see bloood Market
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