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tvial
Aug 26, 2018 12:41 PM

Fibonacci often reached 61.8%, next target may be $7495 Long

Bitcoin / DollarBitfinex

Description

  • Used Fibonaaci retracements on major 2018 moves
  • 1st retrace went above 0.618
  • 2nd retrace to 0.5
  • 3rd retrace went above 0.618
  • 4th retrace went just above 0.618
  • If the same applies, 5th retrace may go around $7495

Trade closed: target reached

Target reached on Sept. 4th.
Comments
InBtcWeTrust
Solid lines you got here.
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