BTC/USD - Le Targets 12/3/18

Hi

Currently watching prices sit nicely on the 0.382. (9,600 Region, waiting for break)

However where are we breaking ? Bullish or Bearish ?

Using Fib and Basic Supports i was able to locate some possible targets in the medium/long term if we are to break strongly in either direction.

These are if we are to break decisively in either direction and impulse strongly.

In the shorter term however feeling a bit of a juicy Bullish sentiment coming along, if we are to break upwards out of this lil wedge could see us rice to our first resistance of $10,004, again breaking that $10,000 is a big deal psychologically, so a knock-back is even a possibility.

After that if we are to break upwards, $10,418 is the next target.

However the RSI is pretty high on the hourly, so unsure if a juicy impulse up is even possible with these semi overbought conditions. But who knows we could push into those regions prior to another drop.

Watch prices move and lets see how we goooooo!

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!