BTCUSD Uptrend continuation [Mar. 29.2017]
I have seen price has pulled back to 61.8% on Fibonacci level and due to the price movement being of continuation, Fibonacci pattern shows, that from $1,006 price will move up to $1,163 (161.8%) or at least to $1,111 before a pullback/retracement OR a reversal occurs.
Note
This is a 4-Hour timeframe chart.Note
I see a hidden bullish divergence (RSI & Price) of 3-26-17 (21:00 to 23:00) RSI & price low, with 3-29-17 (3:00 to 4:00) RSI & price low: In 30-Minute chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.