RighteousTA

This is the time to pay attention

Long
RighteousTA Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin flirting with resistance at 25k today. Staying above 25k would definitely be trend changing coming off of 420+ days of bearish price action. A move into the purple box would still have me looking for low risk long entry's. Even a move to the 0.786 at 18,200 could still be a local pivot point. The bottom line is it's time to pay attention. BTC may not have the strength to push above 25k right now but a breakout is not out of the question.
Comment:
Near the bottom of the purple box. Anything above the red support could be a pivot point, under the support it's a trap door down to 12k.
(Pay Attention Here)
Trade active:
Hope you were paying attention...
Bitcoin went into the purple box and tested the bottom This is important as it hit the .618 fib like a bullseye. Then, rallied up to the green box and is testing 25k as resistance. Picture perfect, textbook TA!

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