MMBTtrader

BTCUSD (short-term) strong resistance is ahead

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MMBTtrader Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
The price start to pump and break previous resistance that we mentioned and get Bullish and now targets reached :
and now strong resistance zone ahead why?
why we are looking for correction near this red rectangle?
the reason perfectly shown on chart above and what is that ?
1.strong trendline that is touching
2.local resistance zone here
<<so black lines on chart above are strong resistance>>

Notice: this analysis is for short-term trader and that's it .
Notice :if and if price get strongly bullish once again and break our resistance zone then we may expect rise like green path after retest
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Handel aktiv:
strong resistance zone touched .
what is next ?

mention in comment

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