dayafterlast

BTC soon good entry for LONG

Long
BITFINEX:BTCUSD   Bitcoin
It still doesn't look like a proper bull run, but it might be a beginning... We have just retested the breakout of MA200 on the weekly timeframe which was also in my opinion a neckline for inversed head and shoulders. BTW the MACD indicator on a monthly timeframe ensures us about bullish momentum. After that we have also got a breakout of the important level ~29350 and now retesting it for the pullback which would be a nice entry. I think we now go to the last impulse correction fib levels 0.38 and 0.5. Please make sure you also do your own analysis. Don't take it as an instruction for your actions. Thank you for your attention!
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