BTC opens the way for more gains

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
43 4 0
Bitcoin             price managed to breach the key resistance area at 496.80 after consolidating successfully at 76.4% fibonacci level at 339.40 ( zooming out the chart will show the whole idea), and that opens the way to regain the main bullish trend again , with next targets located around 624.00

A daily close above 496.80 will provide more support to the bullish trend continuation , while breaking below it will push the price to test 425.00 ares and might extend to visit 339.40 again.
Nice chart that has worked out well, including several bounces off your descending upper trend line. Thank you for publishing it. What do you see for BTC now? I'd value your analysis of the current situation.
FXHighway nick.stoneman.5
Thanks for your kind works..

Please review this updated outlook for the BTC

Have looked at new chart - I am pleased you have published an updated chart. Many thanks. Best wishes, Nick
FXHighway nick.stoneman.5
You welcome my friend ..
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