TradingView
FUNTRADER-Vera
21 oct. 2017 09:10

BTCUSD: consider fibo 618 as a new long trade entry  Long

Bitcoin / U.S. dollarBitstamp

Description

Traders,

Btcusd broke the resistance to make a new high via a ABC wave, hit 6174.

The old resistance zone is also fibo 618 position.

Possible trade is that Btucsd hit back to fibo 618 and the purple trend line the rally back to make a double top.

Less is more!

Commentaire

Btcusd is testing fibo 618 support.

Commentaire

sorry, its fibo 382 support.

Commentaire

Commentaires
haruvumi
Do you use any moving averages in your analysis sir?
FUNTRADER-Vera
@haruvumi, nope.
ufhxi
thanks for the good work...
FUNTRADER-Vera
@ufhxi, thank you too .
raniyunan1207
thank you for the great analysis
FUNTRADER-Vera
@raniyunan1207, thank you too .
Plus