Here is quick update for Bitcoin (BTCUSD)
Price is building at the current $3,850 - $4,100 area. This chart below is a 4-hr chart, I know its busy I still have the daily retracements on the chart. I wanted to show that price has hit but not violated the 38.2 retracement from the low on 9/17 ($3,463) so we still have upward momentum. Should it break the 38.2 level of $3,874 we will reevaluate.
If you would like to go long this is good entry point with stop at around $3,815.
We are still looking for it to test the high on 9/2 ($4,979) with a min upside to $4,215.
questions let me know.
