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MAYBE BOUNCE OFF THE .382 ....
Waves / Bitcoin
Long
MAYBE BOUNCE OFF THE .382 ....
By EliseoBak
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Dec 24, 2019
9
2
2
Dec 24, 2019
Lots of impulsive moves these past few days and it looks like its consolidating nicely to form a
Bull pennant
.
The bottom usually forms on a
.382 fib
for strong moves and it seems like we closed above that yesterday so a plus.
Buying now seems to have low risk. BUTTTTTTTTT BITCOIN is the ultimately in charge here so please don't forget to
set a stop loss
.
Trend Analysis
EliseoBak
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