Lord_Ashdrake
Long

BTCCNY OKCoin.CN Monthly Pivot Break

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
103 0 2
Assuming we break the Monthly Pivot around 2620 and we stay above it, we can expect significant upside movement into the 4h order blocks.

Ultimate target would be monthly R1 level around 2900s, with a long term triangle break-up.

Following that, we can expect a retrace into the top of the triangle area to retest that breakout, and then we can see if its gonna push past the R1 and move into STRATOSPHERE

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