nivishoes

Descending Triangle Break-out on the 4-hour

Long
nivishoes Updated   
BITSTAMP:BTCUSD   Bitcoin
Descending triangle break-out set up! Resistances at $10,380 and $10,550. Can expect to follow the ascending line for the next few days! However, since it is at the verge of break-down tight stop losses must be placed!
Comment:
The current closing will define the trend or break from it!! Keep a close watch
Comment:
Rejected once at Resistance! Wow, this is shaping up really well.
Comment:
Broken - Next supprt at $9900

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