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AzrulAzir
Mar 27, 2019 6:29 AM

BTCUSD "not yet" Short

Bitcoin / United States DollarCoinbase

Description

Sorry for late update, I Fall as sleep.
Previous analysis, we wait at 3946 to take short, but we have strong bullish candle movement at that level.

Are trend already change?
not yet.

Right now, bitcoin still at resistance zone. This resistance came from resistance trendline (yellow box), and fibonacci 618

Bullish will perform only if this resistance break up.

Note : I take short sell at 3985, and aim for support+fibonacci 1.618 as my target at 3793 (stop loss if resistance break up)

I will update this analysis as soon as I found new pattern.
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new update :

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Comments
BillCharison
Why did they insert their ideas into the comments instead of expressing their opinion in the message, is it such a self-PR...?
UnknownUnicorn3511625
fract
very important
InvestingScope
The same Resistance failed to work before. In our opinion there is no reason to expect that the current Channel Up won't rise even higher:

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