tommyjones91

BTCUSD BACK TO RETEST TRENDLINE SUPPORT OPPORTUNITY FOR LONG

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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I BELIEVE THE MOMENTUM IS STILL VERY MUCH IN FAVOUR OF BTC .

PRICE HAD BROKEN LEVEL OF SUPPORT FOUND IN THE UPWARD TRENDLINE AND IS RETESTING AS SUPPORT. I WILL USE THIS AS AN OPPORTUNITY TO BUY INTO A POSITION READY FOR NEXT WEEK. STOP LOSS JUST BELOW THE HORIZONTAL SUPPORT AND 50MA.