ARESABI

BITCOIN - Do NOT take a position YET! (Updating)

ARESABI Actualizado   
BITSTAMP:BTCUSD   Bitcoin
The price is tied between our strong support zone the current resistance formed by lower highs during the past weeks.
This is obviously not the best time to take a position. The market is undecided with decreasing volume.
The next big move will give es an idea of where bitcoin is heading in the next weeks. We will open our position as the momentum occurs - from this point we will analyze our possible targets. Either up or down.

Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)

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If we close below our major support zone, which is sitting around 9700 USD, we will open a short position.
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What a nasty price drop!
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We've reached our "Next Support" - i will update this idea as soon as possible
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