davelunlun

BTC in final move decision.

davelunlun Updated   
BITFINEX:BTCUSD   Bitcoin
Strong Support converging in between MA 50 days and Fibonacci Level 0.618 ~ $ 6,840.

RSI shown support on 40 level.

Stoch RSI shown Bearish momentum very exhausted.

Target BTC/USD for short term remains Bullish, and expects final wave (Wave 5) of primary Wave 1 will be hitting ~ $ 8,900 by end of August 2018.
Order cancelled:
Support failed to hold.

Final Support will be MA 500 days = ~ $ 6,550.
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.