Bitcoin
Long
Updated

Bitcoin 23-1-2018 2 time for long

311
Alright, theres clearly support found and the bears are running out of fuel looking at the volume.

Next clutch of resistance can be found 11750 USD

Reminder: I don't believe in fibonacci, EMA's, Ichimoku or any other indicator, however I believe that people believe in indicators as such. My charts point out where most indicators overlap each other creating massive support or resistance since 90% of the traders put their orders around these "clutches of indicators".

Note
buy on blue line with tight stop loss right beneath it
1 2 3 correction pattern
Trade closed: target reached
117433 hit, same resistance but a bit later

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.