fibonacciaustrian

BTC update 03/09/2018

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BITMEX:XBTUSD.P   Bitcoin
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BTC 0.07% update:

For the past 2 days BTC 0.07% has hit resistance at 7257 and has had a hard time going any higher.

The 3H is currently still bullish and will give its signal in a few hours.
A breakout will spring us towards $7450 to $7550 and failure sends us to $7089 and possibly $6889 if trend reversal begins.

As per 8H we are still Bullish and target remains $7430. We have low volume overall and so a push back to $8400 may be prolonged.

Please ignore the screaming of BTC 0.07% to 1million (possible but not now, and not soon)

We watch and await our next move.

My entries were between 6200 and 6400 so at this point, I await the next move, it is a dangerous time to attempt to trade.

All targets are based on current data, and can change rapidly due to crypto volatility .

All likes, comment, shares appreciated.

Happy Trading,

FIBAUS

Eat, Sleep, trade
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