Long Bitcoin

24 ott 2017

100 MA and prior trend line resistance acting as support at 5500. Stop loss below the MA and trend line in case the support is broken. Initial target is a retest of the new trend line resistance at 5800. If a breakout is backed with volumen the next target would be a test of the ATH at 6189 which would follow the same premise as the first target, a breakout with volume and adjusting stop loss levels accordingly.