straitedge

Bullish BTC USD with new emergent range

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Strong support at bottom of range and parabolic breakout potential at top. Based on emergent view of BTC as moving into new phase of trajectory based price discovery indicating Short term BUY at 7730, SELL at 9700. Model invalidated by fall beyond 6620 or failure to make 10000 by November.

Comments