FibonacciClub

FibonacciClub

The volumes have been increased since the beginning of September. There are a lot of bullish signals. The minimum was on 168. We didn't go much higher. I expect we will reach 300 in near future. There is a good entry point now with targets to 230, 250 and 280. You can put stop loss below the minimum to 160,

FibonacciClub

Looking at the chart we can see an ascending triangle. It's started at the beginning of the year. There are more lines in comparison to the classical triangle pattern. The bottom line is around 6000. I would say it's fair price of bitcoin. This is what market tells us whole 2018. The decreasing volumes show there are almost no sellers on the market. Everyone who...

FibonacciClub Updated 

BTC touched the bottom line of the channel which is 61.8% correction of the last wave up. It's a good point to enter because you can buy with short SL at 6430. Also there is turnaround model on lower timeframes. Target 1 = 6650 where is 200 MA. There is going to be correction at this level. Target 2 = 6800. Target 3 = 6950. This is very critical level. The line...

FibonacciClub

We touched 6550 and didn't get higher. In case it's 3 waves pattern the wave end is 6200. #Short position can be opened with this target. Stop Loss in case if 4H candle is closed above 6550. It seems like the last wave of the expanding triangle. In this case 6200 will be good point to buy. Trading on your account usning API-keys. My Telegram channel: @PaintedRed