biberfeind

Bullish Continuation on October 11th

Long
biberfeind Updated   
COINBASE:BTCUSD   Bitcoin
I expect to see another leg upwards, on BTC/USD, simply because it is in an obvious bullflag, again.
Breakout should occur, after bouncing from cross of trendline and the lower support line of the bullflag. Around the lower 8,4k region, in the morning of oct. 11th (central european time).

Target: 9k.+
Comment:
At the moment, it looks like price is going to retest the 200 MA daily.
I expect it to fall off and afterwards going to the bottom of the flag.

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