Bears are losing control as we can see by the recent candles on the 2 hour chart at bitfinex. The green bullish candles are showing their strength and are able to engulf the previous reds for the last 24 hours. We are stretching up over the upper bbands and could be setting up to ride the upper band to the next point of resistance at $300.
Long at 233 with tight stop at 230 just below the mid bband.
Long at 233 with tight stop at 230 just below the mid bband.