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profzigzag

Bitcoin bounce underway

Long
Bitcoin (BITSTAMP:BTCUSD)  
profzigzag  
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Trend Lines Fibonacci Bitcoin (Cryptocurrency) BTC BTCUSD Cryptocurrency
3
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supportandresistance trendline fibonacci bitcoin btc btcusd cryptocurrency
- good reaction off lower parallel support
- price to encounter resistance in the form of descending trend line + FIB levels
- target resistance at upper parallel of descending pitchfork formation
- bounce invalidation is a break below lower parallel (blue)
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