BITFINEX:BTCUSD Bitcoin / Dollar
Hi traders, Just a quick chart with my thoughts on the future movements of . Like most I am anticipating a move from this triangle. Overall I see a possible top of around $700. It won't be a straight run as there is previous R/S level at the $560 level so we should retest $464 which will become support for the next move up.
Comment: Nearly at the first pit-stop. Will be looking for a retracement but may not get the full retracement noted in the chart due to the tempo of this current upward move. Only time will tell.
Comment: First target hit