Bitcoin Medium Term Signal (Est 7 day position)

in #bitcoin • 7 years ago

Bitcoin medium term position - Bitcoin Signal
(Est 7 days)

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Targets are fib retracements from the impulsive move downwards.
We are likely to test the resistance 38.2% fib, watch out for breaking threw this resistance and testing the 50% fib. Target 3 is for greedy traders lol...

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Target 1 recommended!

#btc #trading #blockchain #cryptocurrency
7 years ago in #bitcoin by
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     7 years ago  

    yes. now Medium Term Signal . but price will be up very soon from this position

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     7 years ago  

    I am long for bitcoin overall, these signals are more for the short term trading, overall after completing the descending triangle correction i believe we could have a good Q3-Q4!

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       7 years ago  

      Medium Term

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      • - Curators $0.04
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       7 years ago  

      Of course Target 1 is recommended! lol! Thanks for the charts and interpretation as usual. They are so helpful to use when I'm doing my daily research and compiling as much information as I can. -Respect

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       7 years ago  

      Yeah, it definitely looks positive to test the 0.382 retracement again! I wouldn't go as far as a reversal just yet but depending how we react to these fib levels who know what the future holds!

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         7 years ago  

        I love to see Target 1..I have a positive outlook and belief in Bitcoin! But...I must admit that seeing Bitcoin closer to Target 2 would give the cryptoverse more hope. -Respect