BTC bear trend is over. Price will rise.

2017년 11월 15일

Tom Demark count gave a clear green 2 on a daily chart. This means bear trend is over and bull run has started. According to Tom Demark count we will have 7 more days of uptrend.
Oversold Stoch RSI and Fibonacci confirms this.

I expect 2 scenarios in coming 7 days:

Scenario:1

Price will go up till 7500 resistance level.

Scenario: 2

7500 resistance level will be broken and we will have a new ATH.

I think scenario 2 is more likely as double tops near ATH are unicorns.


Here is my trading idea:

Long at: 6900
Take profit: 7500
Stop loss: 6500