ChhingChang

My idea on BTC

Long
BITFINEX:BTCUSD   Bitcoin
It retraced more than 61.8% to fill the gap between the blue line but it should retrace more to 78.6% to fill whole gap.
After that it should bounce back toward 1st target around 10990.
We can take some profit at previous ATH around 9900.

Any comments and suggestions are welcome!


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.