Taking a a look at previous price action of BTCUSD we can see a clear symmetry between the current price and the price when the ICO initially was launched. The 120 EMA is a clear uptrend converse to the bearish action during the March - April EMA.
Taking into consideration BTC has continued to follow this consistent pattern of rising to the next fib line, resting, and then continuing onto the next highest/lowest.
Taking into consideration BTC has continued to follow this consistent pattern of rising to the next fib line, resting, and then continuing onto the next highest/lowest.
Comment:
BTC has re-traced and is on-track to climb up along it's line of best fit.
Order cancelled:
Abandon ship.