TheDavo90

$BTCUSD touch on the .786 fib and shoots up 5%

Long
BITFINEX:BTCUSD   Bitcoin
We might actually be in a new impulse wave up
- We should see fairly good strength now, as we are entering wave 3
- Correction ended up touching the .786 fib level. BTC has a good history with .786 fib levels.
- Strong bullish divergence seen
- 5 waves down in wave C is clear. Signals end of correction (Short term at least)

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