HOOGWU

Possible one more way up before correction.

Long
HOOGWU Updated   
BITFINEX:BTCUSD   Bitcoin
I see this ascending triangle, and MACD is about to crossover. I think we can possibly hit 9480 which is 4.236 fib extension level if we break out of this triangle. It also has a pretty good R/R ratio for going long here.

If you are willing to buy it when breakout is confirmed, buy over 8940.
Otherwise you would want to buy before the below 8940.

Target: 9350-9580
Stop/Loss: 8740

I thought the correction will come very soon but It doesn't seem like it.
Let's go BULLSSSSSS
Comment:
just break out of the triangle. enjoy the ride :)

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