Long

STRBTC - Long above 0.00006

Updated
  • Fibo 0.618 retrace
  • Rectangular consolidation (continuation pattern) after uptrend
  • Profit target 0.00008500 - 0.00009 has the same height as rectangle, which is also close to 1.618 fibo extension


Note nice confluence of fibo levels and resistance/support lines.

Buy after breaking and retesting 0.00006
Comment
Is going to retest 0.0006 level again in next few days.
Order cancelled
Fallen out of channel
FibonacciRectangleSupport and Resistance

Disclaimer