Expecting a resistance at 1.300 USD
$BTCUSD Seems like we are forming a new triangle now... BUY targets at 1.010 and first SELL targets at 1.200 If 1.200 will brake fast we will reach soon 1.300 + levels
Waiting for a pump... First targets at 130 (100% FIB), after we reached 116 (78% FIB). If you are not IN, try to buy at 80 (38% FIB) or 70 (23% FIB).
Let's see if this time it's different! Maybe now it's the right bullish triangle ))
Maybe on Chineese new at 20.01.17 there will be a breakout from current consolidation (1). It's also possible that the consolidation fase will continue drawing another triangle.
We are approaching 0.618 FIB and we all hope that we will bounce to the moon (at least 1.000 euros for btc). Alternativly it will be something like a head 'n shoulders ... and you know what it means.
For all you guys who are living or working in EU... the parity with USD is inevitable. 50% FIB was broken so we are going down to the next level 0.38 that il 1.0
It seems that we are drawing a triangle. Ok but will it be bearish or bullish. I think there are too many bulls on btc rightnow, and we need a strong shortsqueeze to go further, higher to the moon =))
Seems that ETC has touched the ground. Now we can buy at current levels or at 0,618% (0.0013) if there will be a little more retracement. ETC is reacting well the BTC rising and seems that now it can take his ground. Take profit is set on 0.0019
Seems we'll start climbing from 700 but not soon. I think we'll be playing in 600 - 700 channel for wile...
The mechanic seems something like this: 1) Yuan is loosing buying power 2) Chinese buy all BTC that they can pushing up BTC/CNY 3) When BTC/CNY is too high they are buying dollars to buy BTC pushing up also BTC/USD
We are bouncing back in to the channel
Buy at 595 38% FIB just tested Buy at 584 80% retracement
Investing opportunity: buy at 0,0021 or 0,0020 and HOLD
1) Buy on 600 2) Buy on 594
Seems that the consolidation is terminating. PUMP or DUMP? Triangle is bullish, but we can expect also a dump before we can go at higher levels.