pwettyboy
Long

BTC next target 8k

BITFINEX:BTCUSD   Bitcoin / Dollar
just crossed an important fib extension, the next one is at 8k. Stop loss trails the base of the parallel channel leading up. Price broke the upward channel 2 times but only went 1% below the channel. Advisable to put your stop loss 1.5% below channel and ride it out. If we go beyond 1.6 ext, we will probably see 2.6 which is around 10-11k.

Happy trading
Kommentar: \channel broke down, lets see how support at 6500 will do
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