We are back again with an more chart this time...
1hr Chart just threq up a clear golden cross and with all the FUD pretty much out of the way we can start working up towards previous resistances around $11-12K
this area of $9300 has flipped from resistance to support and another good sign, we also have a breakout of the triangle and lookig for it to close above the red lines
if your still looking to buy then wait for a pull back towards the 8800 and keep a fairly tight stop, but NOT too close, allow the trade some room to breathe, i suggust under the previous low to be safe
i feel that if it gores more we can see bitcoin push up into the lighter area and then have that extra hidden support to the price
NOW there is a possibility if it breaks down we could see 8k area re-tested, first we need to break 8800 support and then it could go downward from there, its not likely that it will, but just keep it in mind, we are not in control here, so keep options open and always BTFD!
plz join us on our free chat and feed on telegram and hopefully our discord group will be set up as well very soon
may the bull be with you on this one!
red lines were broken downwards
could be great entry again here
True ECN Crypto Broker: https://goo.gl/SNMkdk
i think this 9300 area is pretty key if we can get up over that in next 24hrs we can see us back in five figures again