yarr

BTC/USD Possible re-entry level EVEN trend is BEARISH!

Long
yarr Zaktualizowano   
KRAKEN:BTCUSD   Bitcoin
News from china hasn't made trading any easy!
BUT We have to look forward for possible new entry levels!

These are opening for us new opportunities for longs!

Entry level should be in between 0.5 and 0.618 FIBONACCI levels BUT above MA20 which is the orange line.
From my calculations which you can see on chart. We will see probably bounce upwards before or after 25th of this month.

I have drawn blue line to continue MA20 to demonstrate when we will have trend change.

Why I think this is ideal entry level?
- MA20 HAVE BEEN PROVEN TO BE VERY GOOD SUPPORT LEVEL as YOU CAN SEE.
- I have pointed it out with green arrows and when we will bounce again.
- People do value BitCoin and have survived before from the crashes.

Worse scenario we had so far within BitCoin?
No I do not think so. Why? Do your search!

Feedbacks and comments are warmly welcome!

-Yarr
Komentarz:
We have entered in fib levels 0.5 and 0.618
Komentarz:
Success! We broke out but we might see some more correction before going up again!
Transakcja zamknięta: osiągnięto wyznaczony cel:
100% Success!
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