TradeDayOnline

Pt 2 - Bitcoin finally reversing the trend?

Long
TradeDayOnline Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has broken the primary resistance trend-line.

So what now?

My idea is the price will retest the major resistance levels. it could get there by either flying up (not falling below the broken red line) or dropping back towards the new important support trendline to pick up more buyers. I will report back on bitcoin for part 3 after a few days/weeks.

Good luck!
Comment:
On the road to 10k
Comment:
Adjust SL to 9450 or take all profit now either way this idea is still active.
Trade closed: target reached:
Stay tuned for part 3...
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