BITFINEX:BTCMYR   Bitcoin / Malaysian Ringgit (calculated by TradingView)
Wait until the latest resistance has been engulfed which means a breakout has appeared. The current price hits at the level of 161 fibonacci and expected to have a rejection. This trend is only a pullback as shown in a bigger timeframe. Traders/investors are advise to keep on eye at the nearest resistance level as it is a crucial level for BTC , either to form a new high or make a new lower low.