Cyrus1235

BTC bullish reversal

Long
BITSTAMP:BTCUSD   Bitcoin
Yesterday price made a bullish impulse from 21600.00 to 23800.00 breaking resistance now turned support at 22800.00. Unfortunately price couldn't make it back to retest the broken structure but tested the 38.2% of the fib pulled on the impulse indicating strong momentum on the part of the bulls. From here we can look to take an entry with TP at 24400.00.
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