PorsTrade

#BTC TARGET 10400 in few days, longer run 11500

Long
PorsTrade Updated   
BITFINEX:BTCUSD   Bitcoin
Since we have now managed to break 9500\9600 fib again, I expect this time that we will use this as support and will not fall further or more under 9500. There are also too much good news coming in the next few weeks. This makes me extremely bullish at the moment.

I expect that we reach 10400 now the next few days, actually within this weekend, which is a new mini fib as I call it after my charts, then a smaller pullback. Before we starts to hunt 11500 fib.
I now expect that more volume will come into btc in the next few days, something macd also clearly shows that its time on 1 day chart.

When we follow rsi on the 1 day chart, we have now received a small boost from the trend line. Something we did just around 60, indicating that we now want to follow our bullish trend.. I expect that rsi now wants up to one place between 78 to 90 over the next month, I think so we can expect that we over the coming weeks will reach 11200 \11500, I see that we will meet a lot of sales pressure from 11000 \ 11500 witch its a small and a larger fib res line on my charts.
Trade active:
BTC looks strong atm, looks like we now have support at 9600
We are clearly following the trend, lets still hope its plays out, my first target is still 10400, then i will expect a pullback to buy again around 9700 \ 9500 someplace.
Trade active:
BTC are strong, target 10400 soon :)

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