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chemistrytrades
Nov 28, 2018 8:16 PM

BTC GOING UP short term Long

Bitcoin / United States DollarCoinbase

Description

Very nice double bottom, price is set above the double bottom's maximum therefore we will operate a long trade. Aditionally, the price brokeout from the dark red descending trendline. Right now our short term target is close to fibbonaci's level 2. Which is COINBASE:BTCUSD price target @4659 aprox

Good luck and if you liked this idea please give me a Like , thank you !!!

Comment

Target Not reached, drop is likely since it consolidated below double top's previous maximum.

Comment

Alright so price consolidated at fibb's .382 level, entered to the previous support zone and it's currently hitting ema 200. Let's see if it's able to get through the last mentioned.
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