Ebit
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Retracement Ideas

BITFINEX:BTCUSD   比特币/美元
388 2 7
As continuation from the previous idea, withdrawals for China are open again on the 7th. Expecting a retrace to support line, ranging between fibs 0. 5-0 .618, whether or not the top reaches the $1400 target range. I wouldn't short just yet but soon. Bearish divergence on the daily for confluence.

Summary:
Psychological Levels- March.7th Chinese Withdrawals
TA- Daily Bear Divergence
Confluence-Support lines are closely in line with Fibonacci retracement levels

评论: Other than coming up a little short on $1400 target this was pretty much on the money. Happy trading!
We need a pullback to atleast the 50day EMA = 1040usd
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Ebit jostitrade
@jostitrade, depending on how high we go first that could be possible. The deeper the better for my short and relong
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