We're looking for good entries for long positions on Bitcoin. We'll use a Fibonacci retracement to look for key levels where it's likely to reverse and continue the longer term bullish trend. Other fundamental news has caused a medium term break in the trend from the previous $3000 low. We use the run from 3000 to 7900 as the basis for the fibonacci levels. The...
CURE is at the bottom of the longer term trend and we have an opportunity to place a trade for continuation of the trend.
Entry (Stop Limit Buy): Stop $44.77 @ Limit $44.87 (10 cents above previous high)
Stop Loss: $43.18 (10 cents under the previous low)
Profit Target: $49.93 (3x risk)