cerealpatterns

10% if we pull back to trama and the .5 fib level

Long
BITSTAMP:BTCUSD   Bitcoin
there may be confirmation of a bottom if we continue this pullback to higher levels daily bitcoin. by every measure theres been a slow daily grind up after the last distributive weekly move. if we retrace to a reasonable lwvel i imagine reviaiting trama isnt a problem. thats about 10% up. envelope is fonally tilting up although sss ma is still acting as resistance. if we break thursdays low were in for bottom of range. upper horizontals are sell targets and lower are buy to close targets pivot is dashed line.

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