MoonTrader
Long

The bear trap could be ending.

BITSTAMP:BTCUSD   Bitcoin / Dollar
I see a potential long setup forming on the 30m scale with implications on an even larger scale. The market is currently consolidating, making higher lows after hitting the .618 fib retracement line and now challenging resistance just under $400. I believe it is likely that we could either run to $420 and stop or keep going to $500, making the bull market official.

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Related Ideas

ChartArt
2 years ago
Good chart!
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MoonTrader ChartArt
2 years ago
Thanks! I like a lot of your charts, too!
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