Bitcoin Recovery in progress

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BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.

Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.

RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.

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Trade attivo
Yes up we go, as expected. the buying pressure remain so strong.

istantanea
Trade attivo
We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.

istantanea
Trade attivo
Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.

istantanea
Trade attivo
Price moving as expected.

istantanea
Trade attivo
Trade is going as expected,

istantanea
Chart PatternsTechnical IndicatorsTrend Analysis

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