Joop.XL

Target reached, will it bounce ?

Joop.XL Updated   
BITFINEX:BTCUSD   Bitcoin
Yes we are there, my target of 7100, the big question wil it bounce in this area ? At this moment all the indicators are bearish, so we have to wait. Next stop is the red resistance line, this one is so important. If it goes below the red line we will see a panic selling phase.
Comment:
We have a small bounce, i'm still not convinced that it will go much higher.
Trade active:
Going long
Comment:
We have a real break out If it goes above 7535, a combination point of the MA200 and ichimoku cloud. Let's go you can do it :)
Trade closed manually:
Taking profit

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