weslad
Long

Bitcoin Recovery in progress

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.

Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.

RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.

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Trade active: Yes up we go, as expected. the buying pressure remain so strong.

Trade active: We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.

Trade active: Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.

Trade active: Price moving as expected.

Trade active: Trade is going as expected,

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Comments

After this cross,we will reach the bottom,history repeats itself!


Check history first,85% of trades it s based on bots
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weslad CryptoRomaniaTD
@CryptoRomaniaTD, thans for sharing
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BTCUSD H4 Update. Checkout the idea details and updates for the complete picture!
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weslad Boon2
@Boon2, thanks for sharing your view
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update please not turn bach 4050 sat now 4290 sat my friend
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weslad dogalkozmatik
@dogalkozmatik, the post is updated, thanks
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Gd job sir..
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weslad xanadouv
@xanadouv, thanks
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