Afrobilli_Wealth_Management

SNXBTC : 61.8% Fibonacci retracement

Long
HITBTC:SNXBTC   Synthetix Network Token / Bitcoin
SNXBTC on the weekly timeframe has formed a higher low which is indicative of a possible higher high. the higher low is confirmed by the formation of a bullish engulfing pattern on the 61.8 retracement level of the last move from 0.0002. I am expecting a sustained move upwards towards 0.0009 as that is the 1.618 Fibonacci extension point.

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