Saeed-sheikh

Strong support in Fib 0.382~0.5 ( 4h )

Saeed-sheikh Updated   
BITSTAMP:BTCUSD   Bitcoin
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BTC are currently supported by Fib 0.382 ~ 0.5, The MA 50 line has always been a strong support for us, I expect the uptrend to continue after touching the MA 50 today.

tip :
* If support continues at Fib 0.382, the target is resistance testing.
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD (It is a little early but shows an upward trend)
* The trading is above the MA 50 (Blue line), one should hope for an uptrend and test the resistance Zone


I tried to identify the points of support and resistance for you, Trade smartly, Good luck.

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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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Order cancelled:
Strong support and the formation of the head and shoulders pattern (reverse), in the coming days we will see a new uptrend (if BTC does not surprise us)


.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................
Comment:
Strong support by MA100 ( 1D )


.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................

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