MLeviathan

BTC/USD Short

MLeviathan Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
As you can see the trend line is already broken and the support and resistance area is also shown.
Here I think the price will go back to the trend line, also the fibo retracement shows the 50% on 9321. the 9321 can be the first take profit and 9291 can be the second one.
Commentaire:
Since the support area is made of a half of a long shadow we can use it usually for once.
Which means once the price goes down and touch the support area, the second attempt usually can breake the support area.
Commentaire:
should touch the support area now and start the bullish movment
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