FroggyFX

BTCUSD Bullish - on a roll !!

Long
FroggyFX Updated   
BITSTAMP:BTCUSD   Bitcoin
BTCUSD - Bullish to ride the upward or left sloping Price channel, look out for updates.

BTC Targets - Bullish
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TP1 - $41000
TP2 - $46000
TP3 - $55000


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Comment:
1st Target is met at $41,000, super!
Comment:
The BTCUSD is still quite bullish and is about to approach the Kill-zone of 46,000 - 55,000, from which, IMHO, the asset's near-term future will be determined.

As things stand, the resistance at 42,000 is already subject to confrontation, but expect an initial rejection at 46000 before re-entry into the aforementioned Kill-zone.

Intraday Support : 39,300 - 38,000

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