The Bull Party Not Over Yet? Weekly Trades (46)

The BTC/USD market looks like the bull party is not over yet. If today’s candle finishes somewhere around these levels, it would be quite bullish set up for the following days. Firstly because of the bullish shaped candle alone, secondly because of testing former maximum high that is now the support and it has held.
After $330 (Bitstamp) the nearest big level sits at $500. Of course when $330 would given up, a downward pressure can be renewed and $260 comes into play again.

Buy: 330 or now        SL: 300    PT: 360; 410
Sell: 260                      SL: 300    PT: 240; 230

Leave a Reply

Your email address will not be published. Required fields are marked *