PrimedGroup

BTCUSD Long / There should be more bulls left in this one (20k+)

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I think that BTCUSD has an excellent chance to continue up from the 18360.0 zone. There are lots of solid indications, here are the ones I see right now on the 1H chart.

  • Support level and solid rejection candles in this zone
    The last 1H candle, created a strong bullish pin bar
    RSI is below 30
    The 61.8% fib retracement lines up with the supply/ demand zone

If this trade fails, I will look for potential long positions at the 38.2% and 30% Fibonacci retracement levels.

Not much more to add here, have a great Sunday and see you all tomorrow!
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