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davelunlun
Jul 31, 2018 4:02 AM

Crictical Day (31/07/2018) for BTC. 

Bitcoin / DollarBitfinex

Description

Resistance: Converging in between 0.618 Fib. level with MA 200 days. (~ $8,400).

Support: Converging in between 0.5 Fib. level with EMA 200 days. (~ $7,880).

Breaking either up or down will expect a significant movement for BTC/USD.

Comment

Next Support: $ 7,380 (0.382 Fib.)

Comment

Bounce off expecting, target $ 9,200

Order cancelled

Comments
Ne07hekin6
Big rockets starting up!
davelunlun
@Ne07hekin6,
I hope NO for this time being. BTC needs healthy correction to continue upwards trend. Going up too fast will reverse easily. In case big move up happened, I'll sell all my BTC to wait another lower low entry point.
wealthjustin
@davelunlun, its been long enough so no
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