The golden ratio

@ thegoldenratio618: Finally, we get a confirmation of break out of $8500 region and now the price is still looking very bullish. And based on the 4 hours time frame, we have seen the histogram ticking down on MACD and lower high on RSI. But, I don't see this as a reversal to the down side. Potentially test again the previous broken resistance that is now acting as support around $8500 region as the short term support. But, the price will bounce to test the $9000 - $9150 region as the last potential top for mid term. I want to wait until I get more confirmation of the close of 4 hours and daily candle. Please note that it's still too soon to open a short position for bitcoin. Follow us to know about crypto currency update and analysis. @thegoldenratio618 And follow our telegram at our bio. #cryptocurrency #cryptotrading #trading #makemoney #bitcoin #bitcointalk #btcchallenge #entrepreneur #blockchain #assets #investment #cryptolife #finance #millionairementor #themoneyteam #dailytrader #goldenratio #elliotwave #XBTUSD

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 Finally, we get a confirmation of break out of $8500 region and now the price is still looking very bullish. And based on the 4 hours time frame, we have seen the histogram ticking down on MACD and lower high on RSI. But, I don't see this as a reversal to the down side. 
Potentially test again the previous broken resistance that is now acting as support around $8500 region as the short term support. But, the price will bounce to test the $9000 - $9150 region as the last potential top for mid term.

I want to wait until I get more confirmation of the close of 4 hours and daily candle. 
Please note that it's still too soon to open a short position for bitcoin.

Follow us to know about crypto currency update and analysis.
@thegoldenratio618 
And follow our telegram at our bio.

#cryptocurrency  #cryptotrading #trading #makemoney #bitcoin #bitcointalk #btcchallenge #entrepreneur #blockchain #assets #investment #cryptolife #finance #millionairementor  #themoneyteam #dailytrader #goldenratio #elliotwave #XBTUSD

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