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enoch87
Dec 29, 2017 6:02 AM
BTC retrace to the .618
Long
COINBASE:BTCUSD
180
Bitcoin / United States Dollar
Coinbase
Description
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Dec 29, 2017 6:02 AM
Bitcoin has retraced to the .618 Fibonacci levels and you can see it has touched this level at least 3x in the past. I think we will see a bounce off this and a continuation upward over the coming days.
Trend Analysis
Bitcoin (Cryptocurrency)
Comments
EtherSwinger
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Dec 29, 2017 6:47 AM
TA or simply summarizing the chart? Didn't it bounce off over 12h ago?
enoch87
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Dec 29, 2017 6:52 AM
@EtherSwinger
, it's bounced multiple times, I just see this last time as a change of trend from down to up :)
EtherSwinger
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Dec 29, 2017 11:01 AM
@enoch87
, one more bounce while I sleep tonight... then we'll be checking out the 16-17K by the end of tmr
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