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Long

Ready for TakeOff?

ITBIT:BTCEUR   Bitcoin / Euro
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Is it time for a new Up-Move?
If bitcoins are traded > 430, i exspect a fast buying wave - this is a pure chart-technical view.
Normally, the exspected Breakout will test the breakout niveau again before the real move is starting:-) This setup is valid, if bitcoins are trading sustainable above the wedges upper edge.
As Long as bitcoins are traded below this Level, the direction is not really clear.
good luck
Comment: It is time to safe the Position - a SL at 492 is thinkable... the move was really very strong and massive - faster than a speedy bullet - like!
Trade closed: target reached: Cheers!!!
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