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TraderMetatronFx

Bitcoin - A move to 7400 on the cards

Short
Bitcoin (BITSTAMP:BTCUSD)  
TraderMetatronFx Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Supply and Demand
7
5
trendanalysis supportandresistance supplyanddemand
Resistance at 10k has been too much to ask for Bitcoin.
Commento:
snapshot

From the Daily chart, why I think 7500 or so is a magnet. Demand zone just below those lows. Liquidity.
Commento:
Something to keep in mind on BTC on the weekly chart. Looking at this channel, last weeks candle close above resistance. So, was it a bull trap , or will we find support on the weekly close. A close above would have me reconsider my position

snapshot

Idee correlate

TraderMetatronFx
Bitcoin - Will we breakdown from the rising channel ?
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