LONG BTC - Rising wedge breakout - heading to top of channel/ATH
The path is clear to the top of the channel, should coincide with ATH retest @ ~7850 CNY
Closeup of breakout:
Closeup of breakout:
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So here's a possibility -
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Almost 50% to target, 17% profit so far
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broke 6900 CNY, getting closer
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A little update... if (when) this breaks upwards, should head nicely to 7500. I'd expect some retrace there before ATH attempt so will probably close longs or raise stoploss
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Perfect touch on trendline, long closed
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If we clear 7700 on OKcoin I will relong for ATH retest at 8000 CNY
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Reopened long. 8000 CNY on the horizon
