Author Topic: Bitcoin Plus Time To Go Down? (Read 876 times)

Cordillerabit · « **on:** November 19, 2017, 02:18:03 PM »

BitcoinPlus found the bottom at $30 psychological round number after which it went up sharply hitting $123 and gaining 330% in less than a week.

XBC/USD has been stopped by 38.2% Fibonacci retracement level, that was clearly rejected. It seems that the direction of BitcoinPlus is under the question since in order for it to grow further, a daily close above $123 is required, while if the resistance will hold a correction down to $60 area is very likely.

The overall trend is bullish, but buying at this point could be a somewhat risky endeavor. “Buy On Breakout” strategy could work best in this setup as the corrective wave down could take place.

http://cryptopost.com/bitcoin-plus-time-to-go-down/

Altcoins Talks - Cryptocurrency Forum · « **on:** November 19, 2017, 02:18:03 PM »

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