catpuccino

BTCUSD Possible Flag, Breakout.

Long
catpuccino Updated   
COINBASE:BTCUSD   Bitcoin
Resistance and Support lines from 2017 Blow®, Testing in a couple of days. Possible breakout to 18.000$, All the best...
Comment:
Still above the trendline, i am expecting a bear trap soon. Retracement to 15000$ - 0.5fib, Hopefully not though.
Trade closed: target reached:
Well, this was very very quick and very, very unhealthy development from bitcoin, i am now cashing out because i believe before going forward bitcoin will at least make 1 retrace to 16-17k$ range and then we will see where the market is going.

Thank you, it was fun sharing ideas on TradingView.

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