stewdamus

BTC hits support of $10,488 early. Will now continue up.

Long
stewdamus Updated   
COINBASE:BTCUSD   Bitcoin
BTC hit bottom of channel at 10,488 which provided great support. Looks to continue upwards now to previous targets of 12,927 and 17,146 via the slower moving upward trending GREEN CHANNEL

Because this occurred more rapidly than expected, I the probability of hitting my earlier predicted BUY TARGET of $9,800 becomes less likely. I chose to buy here instead.

Best of luck traders!!!
Comment:
$9800 was nearly touched yesterday. Looks like we're forming a bear flag now. Be prepared to touch our daily 200ma at @$9000.

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