Bitcoin's Hour Chart
We have a strong resistance line around $10,300. We just hit it and bounced off! Now what will happen now. We have a strong support at $9,400. We could see a bounce there as well or mid $9,000. We will probably play around in this range for a couple days till we brake out or the support fails.
- This is a chance to earn some bitcoin by playing the dips. Sell low $10,000 buy mid $9,000.
- Have stop loss at $9,400.
- Watch the chart. If we bounce off the resistance sell and if we drop down to the support and bounce buy.