Jay_shree

The possibility of something is cooking in Bitcoin kitchen...!

Jay_shree Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
All the major resistance and support plotted on the chart.
The price breaking out any of these R 9083 and R 8398 will give us new direction of trend.

The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel.

Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation.


Let take a closest look with different angles:
  • Very Low Volume
  • Narrow range in price with series of almost no body of candle.
  • price rotation
  • remarkable point: price falling with vol. volume before the price rotation.

---> You will get big move shortly with volume surged.
Transaction en cours:
The price of Bitcoin just tested Upper Bound of Parallel Channel.
Commentaire:
Upper Bound is Resistance...!
Commentaire:
Exactly Bitcoin fall 200 points from the Upper bound. 😛, High can be work as stoploss.
Commentaire:
Dont forget to follow, you will get new trad-able setup.
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