fibonacciaustrian

BTC update. Whats up with 6400 ?

BITMEX:XBTUSD.P   Bitcoin
Just want to say thanks to all my new and long time followers. I appreciate you all.

Free script trial is coming soon, stay tuned. Followers get 1st preference.

BTC update -

August 14 Hammer Reversal Candle

$6400 is the new $8300.
33m shows support at $ 6220 is strong for now with 2 bounces.

Rejections at $6441 has also happened twice as well. A break of $6441 can 1st push us up to $6600.

Daily: BTC is in a DESCENDING Triangle. If trend continues we will eventually breach support and go lower. A reversal will launch us up to low to mid 7K as its first major resistance point.

Happy Trading,

FIBAUS


Comment:
The call is progressing as expected. I love it!

Sit tight we are looking good for now, Alts are looking great for now.

Move up those stop losses and secure the profits youve already earned.

Happy Trading,

FIBAUS

Eat, Sleep, trade
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