MMBTtrader

BTCUSD more rise is expected at least 43K , best entry point ?

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
As we said and it was expected price start to show some strength and now we are expecting more rise at least to 43K that is daily resistance there and 200MA resistance .

we try to mention best entry point on this analysis and there are three entries point right now
1. 0.38% of Fibonacci
2. 0.50% of Fibonacci (take look at right-down chart for 1&2)
3. retest of broken trendline

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Comment: breakout and the reason of strength:

Comment: 0.38% of Fibonacci support touch some local rise ahead ?(right-down chart )
Comment: 0.5 % of Fibonacci level touched and price is pumping as you can see

take look at new analysis shared :
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