4xForecaster
Long

BTCUSD - Bullish TGs In Force, In Sight

BITSTAMP:BTCUSD   Bitcoin / Dollar
279 0 4
BTCUSD             - Bullish TGs             In Force, In Sight


Since releasing the bullish targets last week, price made a net advance without breaking above recent structures. However, a solid support at 709.00 did develop at the low of the candle following our forecast.

Overall, targets continue to define solid resistance levels once price succeeds at breaking above recent structure highs. A break below 709.00 would probably infirm this forecast.

Cheers,


David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

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