Rudcardinallo

Road to 5k: First logical Long opportunity (%30 at least)

Long
BITFINEX:BTCUSD   Bitcoin
On previous analysis i've told you not to FoMO because it's target was 7.7k as swing high. Little bull trend is might still be there so be cautious for another leg up for 7.7k.
Let's put this away and focus on real profit;

There are two fibonacci levels which comes from the swing high and low extension.

The chart explains it simply.

Gl.
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