Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Bitcoin will break out soon.
Bitcoin
Long
Bitcoin will break out soon.
By Marc_Cee
Follow
Follow
May 28, 2018
2
Cheer
Cheer
May 28, 2018
Reasons why:
1. We got a very healthy correction between the 0.618 and 0.786 fib level.
2. Bitcoin has formed a nice wedge and is moving very close to the Apex.
3. Selling volume is declining.
4. Big bounces from support line with lots of volume.
5. MACD and RSI are oversold
6. Market Cycle is complete
Bitcoin (Cryptocurrency)
bitcoinforecast
BTCUSD
Chart Patterns
Trend Analysis
Wave Analysis
Marc_Cee
Follow
Also on:
Related publications
BITCOIN to 1 Mio USD by 2020
by Marc_Cee
Published
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.