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escozul

Time to ignore fears and go up?

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Bitcoin (BITSTAMP:BTCUSD)  
escozul  
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Fibonacci Candlestick Analysis
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supportandresistance fibonacci candlestick
BTCUSD Hello,
It seems to me that there is a lot of support around 10K and a lot of resistance around 11k.

So if you see the Fibonacci retracement we could be expecting a rise to 10.3k or even short of 10.5k today and all the way to 10.7k by tomorrow. I expect a small pullback after than and then a new rise to challenge the 11k resistance.

I say that and I challenge the general "Sell" sentiment.

What do you think?
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