UnknownUnicorn6061584

BTC|USD - Price Fixes In Higher Ranges

Largo
BITSTAMP:BTCUSD   Bitcoin
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This drop looks horific, but if you watch chart careful you will see that price did not lose important levels. Pay attention to strong bullish candle which we did not pass. The same you can see in previous range when price broke resistance it fixed in higher range. Currently the price was supported on mirror level and 38.2% Fib level. We can initiate long with stop loss somewhere below support level (bold horizontal line near 38% fibo).

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