gonecrypto

Weekend Bullish Price Action

Long
BITSTAMP:BTCUSD   Bitcoin
Entering long here, my idea is price will trade to mid $12,000. possibly $11,700. As a guide my lines are daily (Purple), weekly (Red) and monthly (Yellow) opening prices. Price action Sunday night will help to determine market sentiment. We could trade down to $8700 level and if tonight's price action trades lower and closes the next H4 candles under $10,300 this nixes my long trade idea.
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