Long

BTC rocket launch?

By SebastianYakymenko

Updated

This may be a very hot summer for BTC.

Note

Small price consolidation near 8 600 $ levels forming small bull flag, possible break up to previous ATH and top of a channel 9 100$, with retest of 8 600 $ - 8 800 $ levels as a new major supports.
Main indicators are bullish with more volume coming next week after Facebook reveals its whitepaper, waiting for 10 400 $ very soon.

Note

very nice if price will close above channel this week

Note

closed my position at 9200 $, waiting for price action, will buy a part at 8 800$

Note

price forming bull pennant with candles closed all time above 9k, good sign for road to 10k

Note

First target reached

SebastianYakymenko

Disclaimer

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.