Bitcoin
Long
Updated

BTCUSD 2H "w" LONG PATTERN

1 016
BTCUSD 2H Bitstamp
Pair failed to make lower lows
Bullish chart pattern fib retrace
Profit Zone will be between 38.2% to 61.8% fib
Note
Price failed to break above 0% fib.
Price ranged between 0% and -27% fib
Break below -27% was a possible short trade to the -61.8% fib
Price may continue short to the swing low @ 7640.
snapshot
Note
Price broke below - 61.8% fib. May be heading to -127 % fib
snapshot

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