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Trdingjoel

BTC Heading along trend-line to fib's and previous resistance

Bitcoin (BITFINEX:BTCUSD)  
Trdingjoel Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns BTCUSD
4
5
trendanalysis chartpattern btcusd
BTC to reach the .78fibs and previous resistance at 16260. Could break out or drop down to 15470 for a new buy in as per fibs
Safest to wait for candle to close to see if it is above or below resistance/fibs
Comment:
I am expecting some sideways movement and maybe a restest before any real breakthrough
Comment:
Buy Target of 15470 Looking possible as we are falling to 61.8%fib. As always wait for the candle to confirm before diving in!
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