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diatche
Aug 7, 2018 8:03 AM

BTC week high trend retest Long

BITSTAMP:BTCUSD120
Bitcoin / U.S. dollarBitstamp

Description

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BTC has broken this weeks high trend. Expecting a retest to around 6900 and rally to 7250-7350 confluence zones in ABC fashion. A stop loss should be set just below the trend line.

Comment

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Trend did not hold. May be due to ETF delay announcement.
Trend AnalysisTechnical IndicatorsWave AnalysisBTCBTCUSD
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