Hi fellow traders,
With all the doom and gloom recently, there seems to be a light at the end of tunnel (albeit a short one, perhaps) for BTCUSD and the whole crypto world in general. As we can see, there is a bullish cypher forming at the current trendline support level of 7300. We could see a correction up the the fib levels indicated in the chart. Best case scenario we could see a re-testing of the 10,000 level again!
Cheers, and don't bet the farm!
With all the doom and gloom recently, there seems to be a light at the end of tunnel (albeit a short one, perhaps) for BTCUSD and the whole crypto world in general. As we can see, there is a bullish cypher forming at the current trendline support level of 7300. We could see a correction up the the fib levels indicated in the chart. Best case scenario we could see a re-testing of the 10,000 level again!
Cheers, and don't bet the farm!
Comment:
Sorry, looks more like a cypher!