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simonsays452

BTC still bullish on further Yuan devaluation concerns?

Long
Bitcoin (BITSTAMP:BTCUSD)  
simonsays452 Updated   
BITSTAMP:BTCUSD   Bitcoin
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We saw BTC test bullish trendline support twice yesterday and it clearly held. Watch for sustained strength above 453 to confirm next leg higher to 465.
Comment:
Yesterday, we held above 453 and saw BTC trade up to resistance at 465, as predicted. I believe momentum is strong enough to breakthrough the 465 consolidation range and for another go towards 500. Still sitting 100% long.

Related Ideas

simonsays452
Bullish BTCUSD up through 465 to 500
simonsays452
Still bullish on BTCUSD. Resistance ahead ~440
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