Should Bitcoin swing from 8242 Support?

Updated

Waiting for my fib level candle to complete and the subsequent two-three candles will be interesting to forecast if there is any chance for price swing at this moment. Details you can find on my blog.

I will see if this fib level is still working naturally to time a bitcoin event.

Note

Vertical blue lines mark the fib time levels from Feb 06, 2018. Details are https://here...nnnhttp://cryptoshort4u.blogspot.nl/2018/03/timing-bitcoin-event.html

Note

Interesting! It holds around fib21 zone and shows some consolidation character. We just need a big supporting candle to breakthrough 9200-9300 zone with massive upward resistance.

Trade active

Swing has been confirmed as predicted

Note

breakout 9506 happened

Trade closed manually

closed with tiny profits (+/-9800) and stop losses .. consider it a break even trade.

cryptoshort

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.