BlueJayBird

BTCUSD Uptrend channel, looking for higher prices.

Long
BlueJayBird Updated   
BITSTAMP:BTCUSD   Bitcoin
Starting off new analysis. BTC is going up. But for how long?
Comment:
My goal is >10.4k, and hopefully the price will rise until >11k
Comment:
DESCRIPTION OF THE MAIN IDEA. The price is testing whether it will stay in the current uptrend channel or not. So far, and at the current time, it looks like it is going to change the current channel for a higher one. Confirmation is needed.

PS. I'm not using for this prediction any indicators, just the trend lines and my guts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.