Riester

BTC Long to 10560. Successful retest of 9860 support

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin successfully retested with a long bearish wick, which is a bullish sign. Bears fails to close the candle at the support @ 9120. From there we pump to 9860, another key S/R area. On the lower timeframes, we have just successfully tested 9860 as support. The next trend line dynamic S/R targets 10560, where price was rejected in the last few days.

Entry: 9860
Target: 10560

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