vnee

bulls returning, uptrend beginning...

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BITFINEX:BTCUSD   ビットコイン/米ドル
Now we see the return of bulls (but for a long time? :)). First(impulse) wave is forming.
The RSI points to the overbought market, indicating that the correction is approaching.
Probable level of of correction (by Fibonacci) is 9700. Then will decrease to 9000, or 8500.
After its completion, and with the continuation of growth, we get the formed pattern "inverted two heads(double bottom)", which will open the path to 15,000.
And only after reaching 15000, uptrend will be clear.

in short-term fix profits, in the long-term - wait for 15 000.
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