Bitcoin Respecting Fibs and held by Parabolic support once again
Once again Bitcoin has built Parabolic support and will probably continue it's Rise towards 10K if it fails to break.
After the current Move up to .5 Fib we are still inside of the Parallel trading Channel.
I can envision the Price touching the .382 and testing the Parabola from which I personally expect it to Bounce and break the Channel
I won't be trading this Idea myself currently, i'm uncertain about it and I just wanted to share my thoughts
Target would be low 10K's if this were to Play out
Do with this Information as you please
After the current Move up to .5 Fib we are still inside of the Parallel trading Channel.
I can envision the Price touching the .382 and testing the Parabola from which I personally expect it to Bounce and break the Channel
I won't be trading this Idea myself currently, i'm uncertain about it and I just wanted to share my thoughts
Target would be low 10K's if this were to Play out
Do with this Information as you please
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