BTC/USD UPDATE Let's draw the new picture.

The day before yesterday BTC finally pumped up for more than $350, however it is too early to draw any conclusions about the new up-trend or something like this. Well, let me explain my actual vision, there are three directions:

The green zone is the zone for buying. While the price is below this level - the bottom edge of this zone is the strongest resistance. If we break through it and fix above, this zone will become a very strong support and give powers to move upward.

The purple zone is the one that is placed between the buy zone and $3620 (where MM opened SHORT positions few weeks ago), this zone can't be the starting point of a new growth.

The red zone is the zone for selling. If the price fix below the $3600-$3620 - it would become a strong resistance and we can start considering opening a SHORT position.