Bitcoin Retrace Over?

已更新
Bitcoin (BTCUSD) took a two days break and is starting to bounce.

It is challenging EMA10 right now after a false breakdown below the 0.786 Fib. retracement level from the last bullish wave.

If BTCUSD can remain above EMA10 ($8057), this is a good signal telling us that it is likely to go higher.

But if BTCUSD moves below $7993 (0.786 Fib. retracement support), it can easily below lower (red arrow).

To the upside, the next target is sitting at $8168 followed by $8225 (short-term).

Depending on how these levels are handled, we focus on what happens next... What's your take?

Namaste.
注释
Holo Above Resistance | Massive Growth (100-360%) Ahead
Holo Above Resistance | Massive Growth (100-360%) Ahead


NEM High Volume Breakout | Moving Now! (XEMBTC)
NEM  High Volume Breakout | Moving Now! (XEMBTC)


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Nexus Ascending Triangle w/ Support & Resistance Levels


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Cocos-BCX Chart Analysis w/ Targets (115% Potential Profits)


NeoGas Is Next | Massive Bullish Action Continues
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DATABTC |
Streamr DATAcoin Continues Higher | Next Target +66.6%
注释
Steem Says Bullish All Across | Over 100%+ Short-Term
Steem Says Bullish All Across | Over 100%+ Short-Term


Can Grow 50%+ | Ripple Gains Momentum vs Bitcoin
Can Grow 50%+ | Ripple Gains Momentum vs Bitcoin


Bread Goes Straight Up | Next Target 30%+
Bread Goes Straight Up | Next Target 30%+


Aeternity New ATL Hit | Trade Inside/Active (2,000%+ PProfits)
Aeternity New ATL Hit | Trade Inside/Active (2,000%+ PProfits)
注释
Chiliz Grows Over 100% On Low Volume | Targets
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Contentos Breaks Above EMA10 | Can Do 30%+ Easy
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