Yuriy_Kuznetsov

BTC/USD overview, January 18

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone! BTC/USD pair continues the movement to the purpose designated by me in the idea of January 11. Now the price is between two local trend lines and perhaps forms a triangle. After overcoming the top line it will be possible to expect continuation of the movement to the level specified by me up. More detailed apportion can be seen in the wave analysis in the idea of January 11 (the connected idea). Also on the chart I specified the created local resistance. The divergence which so far developed on 4h the schedule on some indicators speaks to us for benefit of growth on this pair.

Information provided is only educational and should not be used to take action in the market.

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