Daily Analysis on BITCOIN (BTC/USD) by ThinkingAntsOk

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Use this as a guide to develop your view of the chart:

Main items we can see on the Daily Chart:

a)The most critical corrective structure has been broken ( Falling Wedge )
b)We expect the beginning of a new Daily Motive way towards 13.500
c)Currently, the price is on a Support / Resistance zone in which a correction may come
d)If that happens, that will be the right spot for re-entries. If you are already on the market, we will keep our positions until the mentioned target in which you can analyze to hold or to take some partial profits.
e)The correction we are waiting for should have the proportions as the ones that we have on the chart.
Thinking Ants.
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