BTCUSD is bottoming and looks set to resume it's rally, must be said, could still be within the context of a correction. Recent low just shy of the 1-1 extension. Momentum is picking up and remember momentum precedes price. No targets right now other than the previous retracement area. My TS still hasn't turned bullish so i'm patiently waiting. Any ideas appreciated.
Trade closed: target reached:
I'm taking my chips to the checker. If this was just a bounce off the lows we are in resistance area and much lower prices could follow. I'm not taking my chances on this one. It's friday night ... i've said everything. I'm on an interesting crypto couple i'll publish tomorrow.