BreakTheCycleFX

BTCUSD Long

Panjang
BITSTAMP:BTCUSD   Bitcoin
Potential buy setting up on BItcoin. This coin has been bullish the last few days. I don't see that changing anytime soon. I am still Bullish on bitcoin until the trend flips on the 15M.
If you were to draw a fib on Bitcoin you will see we have a rejection to the upside off of the 38.2 level. Creating a Bullish Flag formation

First TP for the buy will be at the previous high around 42229.

Then 2nd take profit for me will be around 44100 level.

Remember the trend is your friend until the end!
Penafian

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