DraganDrenjanin

BTCUSD FORECAST

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MTGOX:BTCUSD   Bitcoin
4
Introduction:
If you rush with trade there is always possibility to lose your money.
For that reason we will have to wait development of the events in the coming days.

Recommendation:
In any case, the long-term BUY
On the chart we can see a nice upward triangle for a long time.
As I mentioned definitely prefer the position of long-term BUY

Short Term Review:
If the currency pair is not confirmed above prices @ 149,21 we will have a short-term drop.
In this case, open the Sell position.
The first target is the price @- 146.15
The second target is the price @ 142.77
The next target is the price @ 138.84

In a case currency pair BTCUSD receives confirmation prices above @ 149.21, we will have a growing trend.
Now we enter the open BUY position.

Long-term review:
When we look at a broader picture of for a currency pair BTCUSD we can see that this is a long-term upward trend.
The value of Bitcoin currency is growing every day continuously and therefore my recommendation is a Long Term BUY.

Targets for BUY:
The first target is the price @ 154.16
The second target is the price @ 157.16
The next target is the price @ 160.05
Next target is the price @ 170.00

Set your TP between specified targets.
This is just my recommendation.
Good luck
Brainiac

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