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JonathanSim
May 27, 2018 11:09 AM

BTCUSD LONG! Long

Bitcoin / DollarBitfinex

Description

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!

Comment

Sorry, looks more like a cypher!
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