FxTicks

BTC/USD ( How to Trade)

Long
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BITFINEX:BTCUSD   Bitcoin
Recently Bitcoin has bounced from major support around 6400 and formed a new high,,
now been in consolidation phase for some time
Ascending triangle is in play,,
wait for breakout candle with closing above the ascending triangle which will confirm the further upward movement to Resistance 1 ,, possibly Resistance 2 after that
If market failed to break above the next level will be the support
Trade with Care
good Luck
Commentaire:
i forgot to mention a support level around 7200 which is very important if ascending triangle breaks below
Commentaire:
Commentaire:
GOing to Next Resistance
Trade fermée: cible de profit atteinte
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