Btc/usd- Analysis in the short term.

On the BTC/USD we see a strong reaction to the support of the macro trend in 50% of Fibonacci. In the micro trend of the wave in force we saw that the price oscilated until 38% of Fibonacci and is realizing a possible bullish engulfing. We have as target in the short term the down trendline. Further charts details, are featured above.

By Trader Igor Lucio
Beyond Technical AnalysisHarmonic PatternsTrend Analysis

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