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Bitcoin has bounced perfectly, potential for further rise!

Oleh ICmarkets
Broker
Bitcoin has bounced perfectly above our major support at 9119 (fibonacci retracement, extension, pullback support) and has also made a bullish exit of our descending resistance-turned-support line. This could potentially lead to a rise to 11813 resistance (Fibonacci retracement, extension, horizontal overlap resistance).

Stochastic (55,5,3) has bounced nicely from 6.8% with good upside potential.
Bitcoin (Cryptocurrency)bitcoinlongbitcoinshortBTCUSDbtcusdlongbtcusdshortChart PatternsCryptocurrencyHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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