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ActiveCrypto
22 Jan 2018 pukul 13.54

BTCUSD / Fake Out Breakout. Still Finding Support.  

Bitcoin / United States DollarCoinbase

Deskripsi

BTC made a breakout attempt of a short term counter trend that failed. Price has returned back under the counter trend line (TL). Price action is accelerating to another long term low. Look for setups around the longer term TL in yellow. This area also happens to be a Fibonacci 76.4%-78.6% retracement zone. With a lot of traders back to work there could be a very rapid dump in price triggering stop loss after stop loss; subsequently creating a dramatic panic spike down, and really cheap coin.

Trading ditutup: target tercapai

Well done. Trade target reached. Time to look for the reversal. Bulls are reentering the market.
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