ChartArt
Long

Bitcoin Uptrend Resumes The March to Beyond $300

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
446 5 5
// UPDATE // My older bearish outlook still remains valid :(

https://www.tradingview.com/v/l3goWu2P/

Buy the dip. Tomorrow with good news on Monday could be the start of another weekly bullish cycle. After 3 days of a expected pullback (https://www.tradingview.com/v/l3goWu2P/) the road has now been cleared to move back into the uptrend channel .

Entry: 286
Stop Loss: 282 (or 279)
Target: 297

( Bitstamp prices)
unless the trend line is broken..
else, the plan is keep going
snapshot
Reply
You're expecting a new high, but your target is only $297?
Reply
ChartArt MoonTrader
Yes, because I want to check how bullish the chart really is when (if) we reach $297 again. But I agree, it makes more sense to also think of higher targets in case the price moves fast beyond $300.
Reply
MoonTrader ChartArt
I'm actually not necessarily expecting the bull trend to continue.
Reply
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