VladimirRibakov

Bitcoin Short Term Buy Idea After Bullish Trend Pattern

Long
BITSTAMP:BTCUSD   Bitcoin
H4 - Bullish trend pattern followed by double wave correction.

Price reached the key support zone formed by the 38.2% (54552.08) - 50% (57244.24) Fibonacci retracement zones of the bullish trend pattern and is bouncing higher.

Bullish divergence.

Until this key support zone holds my short term view remains bullish here.

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