RyanPal

Need to break break this resistance for next leg up

Long
RyanPal Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Position type: Long
Entry Point: $7400
Enter if: $7400 breaks upwards
Target: $8400
S/L: $6800
Commento:
Entry condition validated, long position placed.

Lets see how this rolls
Commento:
Bounced back from $7850,
Expecting it to go up again after hitting $7400-$7500
Commento:
Rejected at $7400 for now, lets hope this doesn't turn around now.
Commento:
Trade Closed, Target reached!
Commento:
Trend reversed at $8500, looks like it may break the trendline pointing up at test support at $7400. Opportunity for a short position if it breaks below $8000

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