Market_Wizzard

Master 1H Chart Analysis: Powerful Break-out ! Target $9,500!

Long
COINBASE:BTCUSD   Bitcoin
Hi, guys!

Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of experience.

* Bitcoin has pulled away of the consolidation zone and broke through the important resistance at $8,500.
* High Volume supports the truthfulness of the break-out.
* Wait for the price to revert to $8,500 to enter Long.

Trade Signal

Buy @ $8,500.
Target: $9,500.
Stop-loss: $8,300.

Risk/Reward: 5:1

GOOD LUCK!

Yours,
Market Wizzard

Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
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