Noremack

Similar bullish setup to 11 Nov 2017

Long
Noremack Updated   
COINBASE:BTCUSD   Bitcoin
I'm no TA expert. This is my first published idea.
Note the similarity in the 11 November RSI position and possible fib retrace bounce where we are hovering at the moment. Your comment is welcome. Be kind, I already bought half back in...
Comment:
Also on 0.382 support from 4 March High and 0.786 retrace from Nov 2017 bull run
Comment:
It looks like the fib level did hold up, even if the historical comparison may be off. I expect a retrace to just below $9000 in a day or so. Re-evaluate from there...
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.