Nickonomics

Bitcoin (BTCUSD): Key Levels Update

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BITSTAMP:BTCUSD   Bitcoin
My previous idea was a sell signal below $2540 with a first target @$2300.That was a pitchfork-based breakout setup: Now the market is rangebound in the short-term. To resume the longer term uptrend we need to break the $2650-2670 resistance, which aligns with the new Pitchfork. This correction phase may be extended if the key support of $2320 is broken.
Yorum:
Pay attention to this intraday H&S Bottom pattern. Neckline break can accelarate growth:

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