ForecastCity

Don't miss the great buy opportunity in BTCUSD

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (8953.78). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 73.

Take Profits:
TP1= @ 9275.30
TP2= @ 9485.85
TP3= @ 10028.85

SL= Break below S2

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