evntdra

my idea on BTCUSD

BITFINEX:BTCUSD   Bitcoin
hello again!

i would like to share to you my simple idea on BTCUSD.

From the 4hr graph, we see that they have just tested the $9500 resistance level, if still fails, expect it to fall to around $9000 levels.
If it breaks that resistance, expect it to go up till around $10K!
Black lines are support
Red lines are resistance

also, the RSI levels still isn't too high yet, meaning that there's still a possibility for BTCUSD to rise.

Disclaimer: this is not a financial advice.

Goodluck!

Bull season incoming! :D
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