Very nice double bottom, price is set above the double bottom's maximum therefore we will operate a long trade. Aditionally, the price brokeout from the dark red descending trendline. Right now our short term target is close to fibbonaci's level 2. Which is
BTCUSD
price target @4659 aprox
Good luck and if you liked this idea please give me a Like , thank you !!!
BTCUSD
price target @4659 aprox Good luck and if you liked this idea please give me a Like , thank you !!!
Komentarz:
Target Not reached, drop is likely since it consolidated below double top's previous maximum.
Komentarz:
Alright so price consolidated at fibb's .382 level, entered to the previous support zone and it's currently hitting ema 200. Let's see if it's able to get through the last mentioned.