ParagonVenture

BITCOIN ON ITS WAY TO $11700 BTC/USD

BITFINEX:BTCUSD   Bitcoin
BTC IS FORMING VERY NICE ELLIOT WAVE PATTERN, CURRENTLY WE ARE TOPING 3RD WAVE AND WE WILL TOUCH LOWER RESISTANCE BEFORE HEADING FOR FINISHING WAVE 5.
WE HAVE A STRONG RESISTANCE AT $9500 WATCH IF IT BREAKS... IT COULD GET UGLY.


Fibonacci 618 retracement level at $11600 right above it another resistance at $11750. I dont think we will pass this resistance, watch for breakout and volume, there might be a bull trap.


RIGHT KNOW IM PLAYING BTC BUT REMEMBER ! WE ARE STILL IN BEARISH MARKET, NOTHING HAS CHANGED. PLEASE TRADE CARFULLY !!

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