In addition, Fibonacci applied to the corrective wave up after breaking the uptrend shows that the very same price level is at 561.8% retracement. Today Bitcoin rejected the lower of the , not to mention that on a price is rejecting the 200 Moving Average.
And finally, price rejected the 2/1 Fann has acted as a support. Therefore, all the facts so far are in favor of the potential uptrend continuation and pointing out to the end of the correction.
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/
ETH Tip Jar: 0x79bb76b99114f9b33fd3e5477eb05f2738d51