Traders_Profit

Will we see a breakout

Long
MTGOX:BTCUSD   Bitcoin
0
The market has moved lower over the last few days but managed to hold the last support level on the 1hr chart . When the price did hit it there was a strong bullish candle + good volume.

I have bought with a stop at 1060 and will look to hold this into next week with a target of 1300 which is where we could see some resistance due to being a round number.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.