Short

BTCUSD probably heading to 8800-9000$ zone.

Updated

BTCUSD seeems to be ready to head to 8800$ - 9000$ zone, just if the triangle breaks 8350 Fib. resistance on the upcoming hours, otherwise we can visit the support around 7200$ again. It should not be a 700 point increase straight away, but this is my perspective for upcoming hours/days. I think we have a bull weekend ahead O:)

Note

If we fail to break the simmetrical triangle soon, we might fall to resistance area 7800-7900$

Note

Update: We should see some power from the bulls over the next hours, otherwise we might revisit next resistance zone(s) before continuing with the uptrend. I personally believe on the red scenario.

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Note

Stop loss: 8000-8100$

malagadev

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