Target; 0.0045 , which is the Daily 200 moving average.
Interim targets are 0.0031 and 0.0036
For this to happen we need to close and hold above the hourly 20 moving average at 0.002645
Stops can be kept relatively tight around 0.002525
BTC/USD rallies are the most likely cause of failed attempts at breaking resistance.
If we don't break out now, we will be retesting the 200MA at 0.002495
Interim targets are 0.0031 and 0.0036
For this to happen we need to close and hold above the hourly 20 moving average at 0.002645
Stops can be kept relatively tight around 0.002525
BTC/USD rallies are the most likely cause of failed attempts at breaking resistance.
If we don't break out now, we will be retesting the 200MA at 0.002495
Feel free to wait for it to break above .00265, come back down to it for a retest and then buy the bullish continuation from there. There is a good chance it will retest the bullish trendline somewhere between 265 and 280 before rallying in the direction of our targets.