abeydola

BTC more bullish than bearish

Long
BITSTAMP:BTCUSD   Bitcoin
As we brokeout the red resistance we have jumped back into rising wedge, and formed a bullish pennant. BUT the key factor is that we haven't re-tested the red trendline yet. So if you are longing, put your stop according to that trend line. Fib levels shown are possible s/r levels. I am more bullish than bearish atm.

Have a nice day and stay safe.
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