CRInvestor

BTCe 4hr Bullish BoT comes alive

Long
BTCE:BTCUSD   None
Hello all,
Thought I would quickly post the 4hr chart on BTCe just to give you an idea of one setup that has come alive for me today. With the move through $610 we have confirmed a nice double bottom off the 38.2 Fib. Levels for the setup are outlined on chart above. While a this trade has a bit higher level of risk, this setup is perfectly justifiable and as long as it fits your trading plan I wouldn't have a problem with a person taking the trade.

Cheers all and hope you can you this information to your benefit.

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