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VladimirRibakov

Bitcoin Short Term Buy Idea Towards Key Resistance Zone

Long
Bitcoin (COINBASE:BTCUSD)  
VladimirRibakov Aktualisiert   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Wave Analysis Bitcoin (Cryptocurrency) BTCUSD Bullish Divergence Fibonacci Expansion keyresistancezone buy Bullish Patterns
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trendanalysis supportandresistance waveanalysis bitcoin btcusd bullishdivergence fibonacciexpansion keyresistancezone buy bullish
H1 - Price is bouncing higher from a strong support zone.

Bullish divergence.

Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.

Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
Kommentar:
The short-term bullish move towards the key resistance zone happened exactly as per the plan!
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