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Rockers99
Jan 4, 2020 1:54 AM

BTCUSD Long

Bitcoin / DollarBitfinex

Description

Normally I am on the bearish side with BTC but it's looking like a bounce off 23.6% Fibonacci retracement. Converging trend lines suggest resistance at around 11500 at 50% Fibonacci retracement. Any price ajustment above 11500-12000 is unlikely until the middle of the year if the upper converging trend line is broken.
Comments
Sampdm8
Check out my version of this on my page!
Alfahidi79
No one can assure timings hopefully sooner rather than later, thanks for sharing
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