Bitcoin : Update 14 Apr 2018
Hi Steemit Friend,
Bitcoin is manage to breakout after trading inside range of $ 7365 to $ 6533 for a few days. Upside move was initiated and the price is traded higher and broke resistances at $ 7365 then it become new support level also it broke the inner trendline and go more higher. Recently the price settled around $ 8100 and if an uptrend remains strong probably in few days ahead it will test the major trendline otherwise it will comeback to support at $ 7365.
Daily chart is showing the big candle break both resistances level and inner trendline too. But again, we are still trapped in downtrend except price can break above major trendline and closed higher with big candle otherwise price will get rejected to support at $ 7365 or maybe lower at $ 6500.
Let’s See...
Disclaimer: This is not financial advice. I’m just giving idea, all trades it’s completely in your responsibility. Make sure you use trading management properly to avoid losses.
I went to bed last night with bitcoin in meltdown, but woke up with it right back up there and no real loss...watching like a hawk today to see what it does...
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