FxWirePro

Trendline breakout, target 7725

Long
BITSTAMP:BTCEUR   Bitcoin / Euro
BTC/EUR retraces back above 200-DMA at 6683 levels, bias higher.
Price has broken above strong trendline resistance at 6740 on the 1H charts.
Technical studies on daily charts are turning bullish, RSI and Stochs are showing a rollover from oversold levels.
MACD is on verge of bullish crossover, which if completed will add to the bullish bias.
Buy dips, SL: 6400, TP: 7150/ 7500/ 7725
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