FxWirePro
Long

Trendline breakout, target 7725

BITSTAMP:BTCEUR   Bitcoin / Euro
BTC/EUR retraces back above 200-DMA             at 6683 levels, bias higher.
Price has broken above strong trendline resistance at 6740 on the 1H charts.
Technical studies on daily charts are turning bullish , RSI and Stochs are showing a rollover from oversold levels.
MACD is on verge of bullish crossover, which if completed will add to the bullish bias.
Buy dips, SL: 6400, TP: 7150/ 7500/ 7725
Candle isn't closed yet, also price seems to fight 1H 200EMA and 4H 50EMA at the moment.
When current candle closes above these levels prepare for more upward movement.
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