BTCUSD daily, looking ready to gear up again

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
btcusd has been trading between a nice downward channel , false breaking once to retest the 11743.75 level before falling through my 50% FIB resistance zone , now heading back to 70.7% FIB support.

looking for a bounce off that zone, 7900-7054, and a break and retest of the upper trend line before a long position

if break of 70.7% FIB, then will consider short to lower trend line , if lower timeframe confirms with price action
Mar 13
Comment: did not retest FIB zone however broke descending trend line

Mar 13
Comment: i hour price action looking to retest trend line

did not retest fib zone however broke decending trend line

Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out