Bitcoin: Good long entry

27 thg 5, 2017

Hey traders,

Although I don't really trade the bitcoin, I like to look at it and analyse it.
On this daily chart we have three reasons to enter long around the 1850 area:

• Bullish bat pattern
  
• 61.8% Fibonacci retracement of the 900 - 2700 move
  
• 50% Fibonacci retracement of the 450 - 2700 move
  

Cheers!