JoE

Everything is pointing to $3500, buy the break out.

Long
JoE Updated   
BITSTAMP:BTCUSD   Bitcoin
Here's some thoughts on bitcoin, I used fib circle and it bounced right on spot, with trend divergence, now we are in another up trend. Both my upper trendline and fib circle are suggesting that we will be seeing $3500 very soon. Although all the above requires it to break out of the resistance area(blue), what interesting is that the recent triangle has broken out already. I will be averaging in.
Trade closed: stop reached

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