peterbokma

BTCUSD - SHORT-TERM BUY

Long
BITSTAMP:BTCUSD   Bitcoin
The stochastic is still positive, and it feels may try to attempt $ 62k once again.
As mentioned earlier, I am still medium term bearish seeing $ 36k as an objective, however the short-term picture is that we will see some move back upwards. In fact, if we study the stochastic (Blue arrows) you will observe the move up could be even more.

Strategy BUY at $ 57.5k - $ 58k and take profit $ 62k. On break above $ 62k we may see $ 67k again.

Stop-loss at $ 55.8k

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