newbie2016

BITCOIN BUY SETUP

Long
newbie2016 Updated   
BITSTAMP:BTCUSD   Bitcoin
Details on chart
Comment:
Its been almost 3 weeks and we are still coiling in between 700$ and 600$. Now any side break in next week will be breakout.. If upside then clear break of 725$ will move towards our target and only clear break of 600$ will hit our stop.

If stopped out then next important level to go long is 475$ for target towards 1000$ and towards 1300$ and 1800$.
Comment:
Expecting breakout this week... Bitcoin holding stop from last 3 weeks.. lets see what we get this week..

Comment:
Downside its Double Bottom
Comment:
Rise above 706 and 725 will target 840.
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