maxdnet

Bitcoin, bullish flag but pay attention

maxdnet Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
Seems like BTC want to do another leg up and the bullish flag pattern seems to confirm it's previous move.
Anyway we are on a triple top (hourly tf) and also the RSi on the weekly chart is in overbought zone so take athis in mind.

It's also true that crypto does always like they want caring almost nothing about "indicators" in most of the case, so here i'm talking simply about possible price action bullish movement.

I would like to see the price breake this triple TOP so setting at around 8.150 or even 8200 and watch how it moves. I'm afraid of false brake so i'll be patient and wait the next couple of hours / day.

My ideal move is to see the price touching the 8.100, 8.150 rebounce a little without going too low (so using the previous triple top as support) and then i'll think to enter at 8.150 again.

Good luck and happy trading.
Trade geschlossen: Ziel wurde erreicht:
ANother good one.
Cheers
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