5200 USD could become the perfect long opportunity
Last couple of days we see a rejection of the 21ema. Combined with low volumes make me realise that bulls are no longer on the run but bears could take a break and we might see a relative wide trading range. 7250-7285 will be a though resistance and on the up side the ema-bots will place there bets. On the long run I believe in a test of 6350-6370 a double fib divergence. If that happens and it bounce dramaticly a triple fib convergence will occur on 5200 and that would be a perfect shot for a long trade with halving on it's path, miner rewards under pressure. It could cause high volatility, a dream for every trader !
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