Cryptox_

Bitcoin/USD - waiting for confirmation of direction

BITFINEX:BTCUSD   Bitcoin
Bitcoin/USD is still trading neutral till direction will be confirmed due the break of the triangle.

I´m expecting another bull-killing bear wave down which could easily hit fibonacci support levels of 6900 to 7080.

If there will happen a expansion, next underlying support is at 5.800 and 5400, that are great long term buy levels from my perspective.

Alternatively bitcoin will breakout to the upside with first target of 14.200 and second 15.000.
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