moon333

BTCUSD formed bullish Cypher | An opportunity for long position

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BITSTAMP:BTCUSD   比特幣
riceline of Bitcoin / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:


Buy between: 8136.92 to 7951.23

Sell between: 8283.10 to 8634.08

Regards,
Atif Akbar (moon333)

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