Tadej

For the 2nd time BTC was rejected at 17,5k USD

Tadej Updated   
BITFINEX:BTCUSD   Bitcoin
Ascending Triangle forming
Comment:
Again testing support at 15680$ which seems to hold for now. Let's see where it goes now.
Comment:
Still moving inside ascending triangle and testing it as a support.
Comment:
Again testing resistance at 17400ish. If momentum holds we may break up.
Trade active:
Broke resistance and tested it right after that (visible on lower timeframes). After that the volume came and we took off.
Comment:
BTC is testing the support (previous resistance) at 15680$. Seems like we lost that initial momentum.
Comment:
Touched first target. Next one seems to be 23,5k.
Comment:
Hitting support around 18650$, which seems to be holding for now (we got a bounce there). Looking to close my position if it gets violated.
Trade closed: stop reached

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