Bitcoin Analysis for April 4th, 2018
WE COULD BE ABOUT TO SEE PRICES ROCKET. MAKE SURE YOU ARE OUT OF ALL SHORTS.
The downside should be limited but below here meets a buying opportunity at 6700/6600, with stops below 6400. Buying opportunities at these levels. Watch first resistance at 7250/7300. A break higher targets 7650/7700 (we are on the way now). A break above 7750 targets 8100/8150, perhaps as far as 8550/8650.
A break lower however is likely to retest the February low at 5920.
Happy Trading
Jason Sen
www.daytradeideas.co.uk