TradingView
mumbojam
Oct 20, 2017 6:54 AM

BTC - Trading BTC Rectangle 

Bitcoin / DollarBitfinex

Description

If we break out of the rectangle heading downwards following Fibonacci we can monitor for a bounce off one of the levels based on the momentum of the moves.

If we bounce off the rectangle and break upwards I would expect a strong move upwards to test resistance again.

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