BTC facing the end of the bearish trend. Buy zone at 6800 usd!

BTC may be facing the last bearish wave before resuming the bullish trend. As seen in the chart there is a clear trendline (in log scale) which has been a clear support for previous dips. Moreover, the bearish trendline from highs in December was broken in April, now we are doing a pullback in order to retest it again.
Indicators are oversold and fibos show 6800 usd area the key one to be aware of (as well as this midterm fibo, there are other minor fibos not shown in the chart that point out this level).

Commento:

This trade is still active, BTC failed to reach 6800 leven and that's why now it's likely to drop towards it (see related idea)

Trade chiuso: obiettivo raggiunto