Saeed-sheikh

Strong support by Fib 0.382 ( BTC 1D )

BITSTAMP:BTCUSD   Bitcoin
(( please read the description ))

BTC was supported for two consecutive days by MA50 (blue line) at Fib 0.382,If buyers can push the price above Fib 0.236 ($ 62500), we can hope for a resistance test.
Otherwise, as in the past, we have to wait for support by MA100 (green line) near Fib 0.5.


tip :
* If support continues at Fib 0.382, the target is $ 84k.
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD ( Shows a downward trend )
* The trading is above the MA 50 (Blue line), one should hope for an uptrend and test the resistance Zone


I tried to identify the points of support and resistance for you, Trade smartly, Good luck.

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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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