BTC (Bitcoin) / USD - 09 May 2018 - correction in progress
Bitcoin completed first 5 waves up at Golden Pocket (9990$) retraced from last swing high to low. Next resistance levels are as usual the 0.786 and 0.887 but this will come into play after the correction.
Buy zones:
- 0.5 Fibo
- Golden Pocket between 0.618 and 0.65 Fibo
Best practices: Ladder your buys all the way down between 0.382 and 0.65 Fibo.
Stop loss, support zones and the probable time on screenshot.
Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!