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YardleyRosette
Mar 29, 2017 12:40 PM

BTCUSD Uptrend continuation [Mar. 29.2017] Long

Bitcoin / United States DollarCoinbase

Description

I have seen price has pulled back to 61.8% on Fibonacci level and due to the price movement being of continuation, Fibonacci pattern shows, that from $1,006 price will move up to $1,163 (161.8%) or at least to $1,111 before a pullback/retracement OR a reversal occurs.

Comment

This is a 4-Hour timeframe chart.

Comment

I see a hidden bullish divergence (RSI & Price) of 3-26-17 (21:00 to 23:00) RSI & price low,
with 3-29-17 (3:00 to 4:00) RSI & price low: In 30-Minute chart
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