Bitcoin Recovery in progress
Updated
BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.
Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.
RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.
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Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.
RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.
Join our discussion room for more about our trading ideas.
Please share your thougths about it and support my post with your LIKES.
Thanks
Trade active
Yes up we go, as expected. the buying pressure remain so strong.Trade active
We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.Trade active
Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.Trade active
Price moving as expected.Trade active
Trade is going as expected, 
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