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On the Range … /w my trusty Fibs, Under the Moon ...

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BITSTAMP:BTCUSD   Bitcoin
On the Range … mebbe ^^

Short Term Fib based H&S & speculated price range.

Let's see how it pans out :)

Factors to consider, 1,2,3: -

1. It's Friday - payday :)
2. Price dropped then appears to be lighting up the candles
3. General Public small time retail investor FOMO MAY kick in

Oh and ofc: -

- MACD Cross at 01:00 28/6
- MFI & MAC rising trend lines
- EMA's Approaching Cross

Let's see how it plays out!

Short Term Targets to confirm, 12000, 12400 - once it pops the 12400 steam/momentum may drive it further up.

Safe trading as always! This I just a speculative outcome.

(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before committing to any positions)


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.