After yesterday's bad news on Bitfinex, BTCUSD seems to have found a solid floor that lies around the 0,5 angle of this big fib speed resistance fan.
Several indicators are coming back from their oversold condition, and this is a great place to go long and keep it at least for a few weeks before it hits significant resistance on 0,618 angle where you'd be already on +14%.
Thanks for your comments.
Several indicators are coming back from their oversold condition, and this is a great place to go long and keep it at least for a few weeks before it hits significant resistance on 0,618 angle where you'd be already on +14%.
Thanks for your comments.
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We are not being able to make new highs and a new trend seems to be in place for the next days.
