forextidings

BTC/USD is Pushing Higher

Long
forextidings Updated   
BITSTAMP:BTCUSD   Bitcoin
Here's the 15m chart of the BTC/USD. By following the analysis of a long time frame, we can say that the overall trend is an uptrend. But at present, the BTC/USD made the bearish rectangle pattern by moving sideways. So, as per the rules of the bearish rectangle pattern, the trend fell. And again started to move upward and it will reach the following targets 18400 - 18520. After that, there is a hurdle at 18540. If the trend crosses that, then the further target will be 18600 - 18730.
Trade closed: target reached

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