Looks like this was a miniature 2017 run giving us a quasi target around 7330
Note
Until we can actually breakout above 11k my 7300 target stands, giving #shitcoins more time to bleed.
Trade active
So, we are almost at my target of 7300 let's see if we can get there. Right now #BTCUSD is not showing much strength for a bouns after the break of the descending triangle, it looks like the low 7000's is definitely in play.
Trade closed: target reached
Now my 7300 target has been reached it's time to start reevaluating. A bouns from here is likely to return to the breakdown level of 8000 but at the moment #BTCUSD is not showing much strength a more sustained move up probably come from the high 6000's
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.