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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