Sooo, we did have the breakout, though the opposite direction of what I supposed would be the most probable move:) If I am not mistaken the retracement of last week’s FBI instituted flash-crash was the fastest in BTCUSD history. Two hours of steep price falling followed by an hour of coming back to $125. This event screams at you the market is going up, way up. But breaking 130 zone won’t be easy.
Sell: 121 SL: 122.5 PT: 118; 113
Buy: 122.5 SL: 121 PT: 125; 127