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IvanLabrie
Mar 3, 2015 12:55 PM

BTCUSD Futures: Jumping the gun Long

Description

I think we will see a nice rebound off this level here.
As long as above 247.45 this week, we can expect a nice rally to reach the recent high at the very least.
This is an expansion to my decision week chart.
The targets are time a time at mode upper target, and the recent high, and should be reached by April 13th or earlier.
Good luck!
Comments
IvanLabrie


Support moving higher, this is fairly bullish.
IvanLabrie
The 'real' btc chart is showing some bullishness, potential targets and time target below:



Problem with the futures is the low liquidity until every Friday's close.
No trade taken here, on the long side, yet.

I'd like to see a daily range expansion bar, to confirm the bullishness, and price remaining above 243 at Stamp. If no range expansion, we might see a failure to the downside.
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