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VanP11

#BTC #H4 Chart # Important point

Bitcoin (COINBASE:BTCUSD)  
VanP11  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD btcanalysis btcusdforecast btcideas bitcoinforecast bitcointrading bitcoinanalysis
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As we can see the BTC H4 Chart is testing very important point at Fibonacci retracement 61.8% at 58.000, also tesing the down trendline from highest at 65.000 to lowest at 47.000, It a very important how the price action here may define the way BTC go south or north.

Trading plan 1: BTC break out 58.000 and restest then we can long at 58.000 Target ALL TIME High at 65.000

Trading plan 2: BTC fail to break out 58.000 , go south and from shoulder head shouler . then it confirm a Short to 47.000 and further

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