When Bitcoin stays within the rising triangle i see a sort term target of 6580. It is also possible that Bitcoin will break trough and we fall back to our old support of 6430. Mid term looks brighter with a possible target of 7320.
Watch for Bitcoin breaking the resistance 6750. When we break trough possible target is 7320. That said it think we need a little retrace to one of the 2 earlier mentioned targets before we can go higher.
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Watch for Bitcoin breaking the resistance 6750. When we break trough possible target is 7320. That said it think we need a little retrace to one of the 2 earlier mentioned targets before we can go higher.
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Trade active:
Market is still making higher lows within the triangle. Ladder your buys between 6690 and 6790 and put your stop loss at 6560. Target is around 7200. Remember to always put a stop loss in place and take profit (you can also ladder your take profit points to secure some profit while riding along)