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vcm11
May 26, 2018 8:31 PM

LONG - $9.1k target short term - 0.786 fibs & trend Long

Bitcoin / DollarBitfinex

Description

Looking bullish holding above the 0.786 fibs, beware of false drops to wipe some longs or possibly a double bottom, look for higher lows in smaller timeframes for confirmation of a reversal.

we need to break trend and hold above 7.8k so there should be resistance there.

Trade active

Bullish divergence being formed -

Trade active

I believe the trend line on my top chart was not 100% accurate, I have adjusted it.
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