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Apr 9, 2017 6:35 PM

Bullish Trend Line Just Broke 

Bitcoin / DollarBitfinex

Description

Price just surpassed (and confirmed by a 2nd 2H candle) a breakage of a Bullish trend line (bright top green line).

Next target would be the dotted red line (previous high) or be on a look out for a false signal. Volume is still relatively low and these lines can be easily manipulated with whales.

Be on the lookout for a big dump or pump coming in the very near future

RSI still has a bit to go upwards so the red line is a definitely a viable goal and a good potential short point. Or short term long with a target for the previous high around $1295

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