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BarryChartMonkey
Aug 28, 2020 10:10 AM

Possible breakout to the 12200 level Long

Bitcoin / United States DollarCoinbase

Description

It seems like BTC is trying to break out from the descending tunnel. A measured move and the Fibonacci retracements are both pointing to the same direction.

I am not a professional trader. What are your thoughts? I am looking to start a long position after we confirm the breakout

Comment

Excuse the Fibonacci spelling error in the chart
Comments
Breaking_Bud
I am also thinking the same......but if gets rejected...back to 11100
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