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LastBattle
Mar 27, 2016 7:30 AM

Breakout soon Long

Bitcoin / DollarBitfinex

Description

We're nearing the end of the month long consolidation.

2 key trades:
Entry here with stop loss at $400/$381, with take profit target at $467 and $666 (0.5 fib retracement from $1000 peak)


$400 is a pretty important support here, if it does break we could expect as low as $315 re-test.
However I do have a bullish bias here with blocks halving soon.

You could also take a short if it does go below $400.
Comments
MarcelV
lovely trading idea <3, included it in my today's ethxbt analysis
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