tradewithhedge
Long

BTCUSD long term; at massive support.

BITSTAMP:BTCUSD   Bitcoin / Dollar
bitcoin             against the U.S. Dollar have finally reach 257.00 level which has 2 things; O.764 fib which is connected from the record low and record high and also the high which was made on April             2013 (yellow circle).
I'm already long as I said on the short term graph and I like this zone because the risk is small and the reward can be massive. My long is open from 260.00 and I will forget and let the market do what he needs to do.

Good luck!

Thiago Duarte
thiago@duarteinvestmentgroup.com
Sorry but Bitstamp is currently down. For current up to date charts look at Bitfinex.
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