MatTheCat

BTC AB=CD Long up to Swing 61.8%

Long
MatTheCat Updated   
BITFINEX:BTCUSD   Bitcoin
This flag from the inverted H&S pattern of the $7500 floor, looks like it is going to resolve bullishly.

Hit the LONG button on breach of 7987 and not a penny before. Stop at 7880. Target is 8300. Bitcoin is getting very precarious and is overdue a serious tanking........

.........but that doesn't mean she can't go up more first, and it doesn't mean that the swing high is yet in.
Order cancelled:
Trade setup did not trigger. Bitcoin has now resolved bearishly beneath resistance trendline.

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