Samoto

BTC broke to the upside - what is the next price target!?!

Long
Samoto Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
- going into wave 5
- we have few deceptive spikes seen from the previous action
- 1.6 Fibonacci extension could be the next target as it was previously is we exclude deceptive moves
Commento:
As you can see candles closed perfectly on predicted targe (5) with spikes going a bit beyond that level. It was expected for local wave 5 to finish at that point and go for a retracement as it happened now.

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