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Nezah
Jun 26, 2017 7:49 PM

Bitcoin, bounce possible around 2250-2300 - short below 

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin remains bullish as long as it makes a higher low on longer time frames. Note the pink trend line that spans from the end of May 2017. Hold this trendline for "BTFD" - otherwise, "GTFO".

Comment

This might not be the bounce you are looking for. Though it would become interesting if we climbed above the orange channel.

Comment

As noted yesterday, it was not the bounce you were looking for. This here might be. For safety, buy above the orange line and set a close stop below pink. Short below pink.
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