PeacefulWarrior

B I T C O I N

Long
PeacefulWarrior Updated   
BITFINEX:BTCUSD   Bitcoin
BTC/USD escaped from the descending channel(by falling wedge and formation of the pennant). Forming figure like Head & Shoulders with ascending wedge(last 2 weeks), we can notice double bottom(5785$). Possible turning : testing the broken ex-resistance of the channel, but BTC doesn't testing the great ex-support line.
Targets
7050$
7650$
Trade active:
1D
Comment:
Trade active:
touched resistance line!
Comment:
Comment:
Short-term, high probability to growth to the resistance line(neck of the H&S) - 6700$. Patterns by Alligator see in the circles.
Comment:
Trade active:
Trade active:
First target reached & almost 7650$.
Last high - 7550$.
Trade closed: target reached
Comment:

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