Bitcoin sell 30300 4hr 15min
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Bitcoin on 4hr after strong decline below bottom bolinger on 4hr bitcoin breaks above bottom bolinger and it becomes support and push price higher to test red SCD band on 4hr. This is first rebound and it is always sellable event.
On 15min on approach to this levels, price starts gapping down- orange squares.
Let’s see if red SCD band will push price down to test bottom bolinger on 4hr again and area in the middle first.
Price can push higher in to red resistance and I will look for another sell set up.
