Moosa65

Critical point!!

Long
Moosa65 Updated   
COINBASE:BTCUSD   Bitcoin
The price is in a triangle pattern and should choose its direction very soon. Personally, I think it will go up with targets of 7800 and 8200. The reasons are strong support at 7400 and the local up-ward trend. But, its reasonable to wait for the confirmation which is breaking out of the resistance line. Let's see what happens...
Trade active:
The resistance line was broken out and the current pull back is a good opportunity to take a long position with a target of 8K...
Trade active:
Maybe it is last opportunity to take a long position...8k is the target...
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