Proteus555

BTCUSD Kijun honoured, possible retracement to 38.2

COINBASE:BTCUSD   Bitcoin
The mighty Kijun has been honoured in the recent and MUCH NEEDED retracement of BTCUSD. I'd be very worried if BTCUSD did not retrace at all. Having said that, we can see that Kijun and 50% Fib is in-line. Kumo is also flat and in-line with 38.2 % Fib indicating we may see a further pullback before a Kumo bounce. Keep ya eyes peeled. 2018 is gonna be one hell of a ride for crypto.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.