Are we watching the great moment for btc right now? The price broke the resistance of the upper line of the falling wedge and we need it to close above the cloud. Awaiting for 1.618 fib at 4290 very soon.
why do you think it will get to 4290 soon? how long is soon :D? I'm in but not sure if I should buy more....after all Segwit is not locked in yet.
krivis
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@najan, i think that the big dip is not over yet, this is classic bull trap. This much volume in 2h is just not normal. Lots of the accounts here on tradingview are from whales and they give false signals. Not saying that Heithvald is one of them but who knows :). Trade carefully
@najan, ofc, we should watch for segwit and such a things, but i believe that there will be no split and the thing should be good enough. I dont make you buy some more or less, i just share to you my opinion. And here goes my view for long on btc.
najan
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@Heithvald, I didn't mean to sound negative. I value your analysis. So you're using eliott waves and fibonacci for your targets - that's what I wanted to know. thank you and good luck :)