jeanobrega

BTCUSD REVERSAL?

Long
BITSTAMP:BTCUSD   Bitcoin
From the chart, we can see that, in the 2014 crash, it respected the 200 SMA weekly as a strong support line bouncing on that SMA four times in 2015 and then went up.
Now it has ben testing again the 200 SMA since last week and we are seeing a strong bounce since yersterday. We can expect then that it could be the reversal. Thoughts?

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