ARESABI

BITCOIN - Back to Trend Line? (Pitchfork)

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ARESABI Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
The Pitchfork is giving us an idea about important levels (Resistance, Support, Trend) during a downtrend,
which occured about a month ago with a heavy price drop.
After yesterdays nice climb we might be heading back to are Trend (Median), which acted as a Support/Resistance reversal
multiple times.

Position: Short
Open: Resistance Area (Purple)
Close: Trend Line (Median)

I will update this chart accordingly!

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