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cryptodungeon
Jun 30, 2018 7:39 PM

Bitcoin - Bullish Count Long

Bitcoin / US Dollar IndexBitMEX

Description

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

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