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cyikhoec
Apr 4, 2019 5:15 PM

BTC TA (Daily chart) [05 April 2019] Long

Bitcoin / DollarBitfinex

Description

Interested to buy at $4725 - $4825
- Wave 4 retracement to 0.382 fib level (rule of alternation, wave 2 retraced to 0.5 - 0.618 fib level)
- 200 EMA Support
- One degree lower wave 4 retracement region

Conservative target : $5300
- Double top

Bullish target : $5600
- Resistance level

Comment

Price almost reaches buy region ($4834) and hit double top target of $5300.
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