jody27

Bitcoin still in correction :)

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is at interesting level. Wave "A" "B-C", "D-E" equaled in size ( green squares). There was a retreat from the level of 78.6% Fibo of the third wave. It is possible to touch the strong support level of 7900 ( the first wave). When the penetration level of 7900, the price will go lower. Good signal for a reversal will be a break of the downtrend line.
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