Bitcoin: BTCUSD Continuation pattern prior to next move upwards
Bitcoin
If already long from 7010 touch on larger parallel stops need
to stay under 7070 for now. It's making a small continuation
pattern now prior to moving higher - if we do get stopped out
look either to buy from a test of the lower pair of parallels it's
now tracking (hope we don't see that but we could) or failing
that the next buy trigger will come on a break above the the
upper parallel that it's tracking below now.
If already long from 7010 touch on larger parallel stops need
to stay under 7070 for now. It's making a small continuation
pattern now prior to moving higher - if we do get stopped out
look either to buy from a test of the lower pair of parallels it's
now tracking (hope we don't see that but we could) or failing
that the next buy trigger will come on a break above the the
upper parallel that it's tracking below now.