Get ready for a BTC retrace

24 Nis 2018

BTC has gotten close to the tip of the ascending angle. Furthermore, there is a bearish divergence on the 4H. Both of these suggest that we can expect a retrace. I'm looking at the Fib 0.618, which is around $7700. However, if you want to buy more BTC after the retrace, wait for a reversal sign before buying.


(This is not a financial advise. Trade based on your own research and finding.)