DrewR

Daily correction over. Up we go!

Long
MTGOX:BTCUSD   Bitcoin
3
I believe the daily correction has taken its toll. I know this is a bit dangerous to say right now and many are probably thinking the same; considering RSI has not bottomed out just yet. However, I am keeping in mind that bitcoin has a slight bullish bias.

Key resistance levels are still 760-780ish range and I still believe we need to clear 810+ to fully confirm.


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.