On the Range … /w my trusty Fibs, Under the Moon ...

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
On the Range … mebbe ^^

Short Term Fib based H&S & speculated price range.

Let's see how it pans out :)

Factors to consider, 1,2,3: -

1. It's Friday - payday :)
2. Price dropped then appears to be lighting up the candles
3. General Public small time retail investor FOMO MAY kick in

Oh and ofc: -

- MACD Cross at 01:00 28/6
- MFI & MAC rising trend lines
- EMA's Approaching Cross

Let's see how it plays out!

Short Term Targets to confirm, 12000, 12400 - once it pops the 12400 steam/momentum may drive it further up.

Safe trading as always! This I just a speculative outcome.

(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before committing to any positions)


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