The_Cannalyst

HERE IS THE EXSPECTED BREAKOUT! P&L: 57

Long
BITSTAMP:BTCUSD   Bitcoin
33
Thank you Charttechnik!
The big bullish triangle got triggered like exspected.
A consolidation down to the minimal correction niveau 38,2% fibo (max 61,8%=maximal correction) should be exspected...the mentioned TP remains still active.

Former Analysis: Explosion ahead?

Bitcoins are forming a big bullish triangle. With Prices above 470$ i exspect a massive up-wave with TP 610$ - this is just a technical view! SL can be installed below the actual uptrend.
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