Zozoet

Bitcoin Risk reward of 2.5

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin will soon either break the support or resistance. If support is broken, bitcoin will probably drop to the previous 0.681 fibonnaci retracement. If resistance is broken I expect a target of ~9000 USD.

Check my previous analysis, the 8500,- target was spot on.
Trade active: For me the drop was not big enough to close the trade

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