BTCUSD: Bitcoin's weekly uptrend update

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The uptrend is confirmed now. Volume is increasing as we move up and bullish momentum validated.
We can enter long on retracement or on a new weekly high, risking a drop below 428.
I'd personally avoid using stops and just measure position size according to my invalidation level on chart.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.


Ivan Labrie.
Comment: 10 dollars higher...Interesting momentum here, I think this might be 'it'.
Trade active
Comment: We bought the dip...
Trade closed: target reached
Good analysis ! I've got the same view as well.
+1 Reply
Let's see how it goes. Good luck!
+1 Reply
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