HamishCrypto

BTC USD long idea

Panjang
BITSTAMP:BTCUSD   Bitcoin
Too soon too tell if this would play out obviously but just a possibility.

would want to keep closing above the resistance turned support of the top of the ascending triangle at that 6k-5.8k level and preferably maintain above the ascending trend line as well.

The fact that these two support lines are there is why I thought I'd share this potential cup and handle reversal idea with you as I think it helps it's chances of playing out somewhat. Though again too soon to tell especially in the current market climate.

Any thoughts are appreciated.

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