#bitcoin forming a bullish #shark pattern, around the 78.6fib

in #cryptocurrency7 years ago

#bitcoin is forming a bullish #shark pattern, around the 78.6fib support at 7200 level, which is also the 1:1 fib extension of wave a.

Its time to ride with the sharks.

download (3).png

I am expecting this setup:
Open-7275
T1-7500, T2-7725
SL-7166, Risk-1.5%
R:R=4.12

This analysis was earlier posted:
https://steemit.com/cryptocurrency/@rajista007/bitcoin-update-btc-has-fallen-below-the-61-8-fib-as-well

download (2).png

You can find the updated analysis here also:

https://www.tradingview.com/chart/BTCUSD/inBosBKo-bitcoin-forming-a-bullish-shark-pattern-around-the-78-6fib/

https://twitter.com/rajista007

If you found something useful here/benefited from my calls, then kindly hit the upvote/follow me here, #tradingview as well as in #twitter.

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