mycotoxin

BTC - Has hit the first real area with any decent support

mycotoxin Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
A look at the Volume profile shows BTC has finally hit the first real area with any decent support .
This area is the 19 to 18k area shown on the volume profile to the left of the graph

if this area fails to hold them the next area down is 15k followed by even weaker support at 13k.

If BTC fails to bounce at 15k then id expect it to move down to the 12k area as that is very strong support .

The 12k area is the very thick area shown on the bottom of the volume profile and offers very good support should price move down there....
.........But first lets see if BTC can get a temporary bounce at the 19 to 18k area
Kommentera:
....C'mon BTC ...do something .

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