LokitoBTC

iH&S on the 4 Hour BTC chart.

Long
LokitoBTC Updated   
BITFINEX:BTCUSD   Bitcoin
Technically iH&S on the 4 hourly TF. Longed at 50% fib retrace after the uptrend channel broked down with high volume. Still above the ichimoku cloud and bounced from that.

Let's see if we can break the strong resistance at $6800 this time...



This is not financial advice
Comment:
Still in my long position. Expecting a big move up IMO. Resistance of 6261 held nice.
Comment:
Support*^
Comment:
iH&S almost completed. We only need a push and close above $6800. And then we can take $7500 as the next big resistance.
Comment:
Wow. BTC had a big rise yesterday. I closed my position around $7400. Waiting for a pullback now to re-enter my long. Hoping to get in around $7100 - $7200 range.

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