BTC Long (Daily chart), second try

BTC/USD COINBASE:BTCUSD

tradingconfibos

Hello all,

Today I would like to share my analysis for the Bitcoin in daily chart .

The Long volume (green line) in the indicator continue greater than short volume (red line). The price just ended a correction to a fibo 61.8% (38777) from the previous Up trend. Now, the price looks to be ready to continue the accelerate volume dominance.

The targets are perfectly draw in the chart itself, where the main resistencia are the fibo 61.8% and the SMA , where the price stop in the first long trend after the long volume crosses over short volume .

Make it simple.

Have a good day everyone

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