AngeloPascucci

AngeloPascucci

right now BITSTAMP:BTCUSD price is trying to breakout trought 13.000 $ toward 11.000 $ a support level that is clearly a neckline of head and shoulder pattern. however price could go up to 15.800 $ and keep going until 20.000 $ easely.

AngeloPascucci Updated 

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AngeloPascucci

we should consider 3 more days on the downside before entering long positions. although all depending on the volume shown in these days following this analysis I think we will keep the price in a range between $ 15,000 and $ 11,000 (0.618 fibonacci) until the year ends.

AngeloPascucci Updated 

it looks like BITSTAMP:BTCUSD price is coming at least to 0.5 fibonacci level before it goes up.