fibonacciaustrian

FIBAUS BTC Daily Report 8/31/18

BITMEX:XBTUSD.P   Bitcoin
BTC's market sentiment changed since 08/16/2018. If buy prices were set at 6200 to 6300, you bought the bottom of the current upswing as per THIS script.

As long as sentiment remains bullish (the larger green and red line) we will head up towards the $7430 price point which is showing a the MAJOR resistance at this time. Breaking and holding over the $7430 price point will potentially send us up to $8400.

Failure at $7430 shows support at $6610 and potentially
For now I personally watch on as my trades are already up 10.5% at 10X leverage or 105% and 82% respectively.

Targets are just targets. Im a trend trader but I also know when to take profits at possible tops.

Like Comment and Shares are appreciated,

Check the links at the bottoms of the note for my youtube videos on how the script works.

Happy Trading,

FIBAUS









Eat, Sleep, trade
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