cryptodungeon
Long

Bitcoin - Bullish Count

BITMEX:XBT   Bitcoin / US Dollar Index
Bitcoin has entered into our Support area . A bullish count would be a rebound from here towards our $6,515 & $6,700 USD resistance level .

A break above these levels and we can look for further targets on Bitcoin .

$7,000 and $7,200 being our next target zones.

Happy Trading

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Comment: Two possible scenarios that we could expect over the next few days.We could rebound from our current Support Area or a possible Inverse H&S Structure could paint thus leading us towards our $6,700 resistance level.

Trade closed: target reached
Trade closed: target reached: $7,000 $7,200 hit

Switching to shorts @ 6700, or sitting and waiting for BTC to get to 6800?
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cryptodungeon flynnduism
@flynnduism, Looking for shorts within the $6700-$6,800 range down towards $6,100-$6,400 USD
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