ForexUSD

Bitcoin update: 2 strong UpTrend support lines - 9300 and 8600

Long
BITFINEX:BTCUSD   Bitcoin
Sorry I update my last published idea because there is second strong UpTrend support line that gives a target of 8600.
8600 is not an horizontal level support, and no Pro traders talk about this level, but I can tell you that this support is very very strong.

I think we have more change to touch 8600 in the next 5 days, but my strategy is to split 80% of my wallet, 40% buy at level 9900 and 40% for a possible 8600.
The current trend is still bullish for me according to my trend lines and I am pretty confident.

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