MMBTtrader

BTCUSD time to see a correction after that huge pump

Short
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BITSTAMP:BTCUSD   Bitcoin
Simple and easy this daily candle until now is showing us 57K or 42K as targets.

As it mentioned on the chart too we are looking for the start of correction over here and then targets like:
A. 47000$
B. 45000$
C. 42000$

Notice: why we mentioned 57K at the beginning of this analysis?
because if and only if price mange to break the resistance of 53000$ and this red daily candle gets green and bullish then it can easily pump and hit a new high here.

Notice2: take look 4H chart that is linked below and see the major resistance zone that remains valid and the reason that 53000$ is an important zone.

DISCLAIMER: ((trade based on your own decision ))
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Kommentar:
Target A reached
Trade geschlossen: Ziel wurde erreicht:
Target B also reached

simple and easy

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