thegio

BTC is coming back from the MUD!

Long
BITFINEX:BTCUSD   Bitcoin
Dear crypto friend, crypto passionate and crypto addicted,

we are facing a possible reversal of the BTC pattern, the bulls are taking control over the bears, so is probably time to open your wallet and buy some fresh new BTC!

Bullish divergence, EMA 55 Crossing and an increased volume are very nice and good signs for a BULL scenario in the short term period.
With the downtrend reaching 7200 we hit the 0.78 fib level which is actually a prefect indicator for the end of the 5th downimpulse wave.

3th wave target around 9200 and taget of the reversal around 10500 for me!

*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!

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