After breaking up the downward channel, bitcoin founded support on 61.8% fibonacci level and also on 50 day Moving Average. A potential upward trend is forming.
If we could hold above 50 day MA and fibs level we can reasonably guess that we will go to the target 1 which is 10300-10500$ in couple of days.
Trade with caution at your own risk , this is only a idea . Im personally in to this trade:P
If we could hold above 50 day MA and fibs level we can reasonably guess that we will go to the target 1 which is 10300-10500$ in couple of days.
Trade with caution at your own risk , this is only a idea . Im personally in to this trade:P
Trade active:
Bulls Needs to take action ir order for the price to move up, otherwise if it doesnt hold, it will fall to 7700$ - 7400$.
