BITCOIN - BTCUSD - Bitstamp - 11 Day Uptrend Started

1 במאי 2015

The range expansion rally on Thursday is a sign that Bitcoin is in an uptrend here. There are 11-days at the 222-223 level, so that is our timing device. The pullback to the middle of the range expansion day is a perfect, low-risk entry level.

Targeting 252 in the next 10-days.

Buy pullbacks and risk a drop of one average range (11-day average range).

Tim 2:01PM EST Friday, May 1, 2015