2Legit

Still holding above 200!!!

2Legit Actualizado   
BITSTAMP:BTCUSD   Bitcoin
Okay so we are in an interesting area. Volume dropping, open interest down and we have price action increasing. We tested the resistance area and failed and today we are retesting and currently broke through but we have 3 hour roughly to evaluate the daily candle close. Lets keep an eye on this.

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Currently rejected from the 0.68 fib retracement golden pocket and major resistance. Will have to close out to update this as we go but will start a new idea chart for the macro term.

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Looks like we are bouncing within this range of support and resistance. We are holding above the 200 MA, however WMA shows a little different perspective. I looked back at the last 2 years we should have the resistance maybe upto the 6950 area. Lets sit tight i am currently short.

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