MoonTrader
Short

More downside - then a rally?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
195 views
4
195 1
Resistance becomes support at 524. More downside needed to give bulls the advantage. We may see a rebound at the 61.8% fib retrace from the low of about $340 to about $470. Target in the $470s.

All donations greatly appreciated:

1GKhY5XNamFN77Lnr9pcDmx9AKyhvZT9jN

Cheers.
Hi, yes I think I see the fib confluence you're talking about...just seen in this post by DanV on 4xForecasters discussion:
https://www.tradingview.com/v/HM51GS2Y/#tc92875
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out