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MuhammadFaiz
Jun 27, 2016 5:17 AM

Looking for an upside move 

Bitcoin / U.S. dollarBitstamp

Description

My first attempt analyzing on bitcoin. Looking forward for price to hit the D leg level around 720.00.
If price breaks the trendline and cross over MA line, will most likely move to the downside area at the marked levels.

* This trading idea was published due to study purpose only. All the risk taking are at your own responsibility. Any thoughts and ideas please do share.
- If you agree with this trading idea, please hit up the like button. Thanks!

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Updated chart :

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Most likely price will follow this wave pattern :

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Two possible ways :

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Updated chart :
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