electo

We are going back up.

Long
electo Updated   
BITSTAMP:BTCUSD   Bitcoin
I mentioned a few times in the last few days that if we retest 2250 we are going back up. There is a strong rejection of any downtrend below 2300 on the daily. While bitcoin may dump and move sideways, I think it is now going to crawl back up.

The daily chart seems to support this too. Even with all the massacres, we are still in our channel. This is a long term trade idea.
Comment:
I believe we are going back up from here.
Trade closed manually:
Broke channel.

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