Long @ 6750-7050 for BITSTAMP:BTCUSD by UnknownUnicorn3062951

trendanalysis chartpattern btc btcusd btclong btcusdlong bitcoin bitcoinlong

Buy orders spread down from $7050-$6750 to catch the retest - SHOULD - it occur.
Will spread exit orders $7500-$7700

Safest play available right now.

Personal opinion, not advice.

Comment:

Looks like we won't be needing that retest... an important level to keep in mind though for now. My orders are still open - however unlikely it may seem - stick to your plan until you find a better one. Which should be a break and hold above 7800$ -> $8400ish

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.