4xForecaster

#BTCUSD: Target Hit Dead-On ... | #BTC #USD #Bitcoin

Long
MTGOX:BTCUSD   Bitcoin
3
#BTCUSD: Target Hit Dead-On ... | #BTC #USD #Bitcoin


Price hit our 960.42 target six 4-hour candles ago (i.e.: 24-hours ago), then price continued to consolidate around that target level. Outlook remains unchanged.

OVERALL - If price breaks above 975.00, consider 989.27 as next overhead resistance. Potential reversal line remains in force for any trend reversal confirmation.

Cheers,


David Alcindor | 4xQuad.com

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