wait | 23 July 2018

Even after breaking above the upper trendline acting as a resistance to the falling channel formation, Bitcoin is yet to show any serious moves to the upperside, rather Bitcoin moved slightly to the upperside and is still below the 4 hour resistance level 2713.38. This crypto picked an upward momentum from 5776.94, but as long as the price remains below 2713.38, we’re patiently waiting for a break above it to pick a long term long position with an ultimate target at 9854.90. If this target is broken, then a rally towards last year’s highest high 19000.00.

Wait form a clear breakout above 2713.38 to pick a long term long position with an ultimate target at 2713.38

!Attention!

All bonus participates in drawdown!

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