FUNTRADER-Vera
Long

BTCUSD: consider fibo 618 as a new long trade entry

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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!
Comment: Btcusd is testing fibo 618 support.
Comment: sorry, its fibo 382 support.
Comment:
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Comments

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