BTC (Bitcoin) / USD - 23 May 2018 - correction at the end

Bitcoin was very suspicious not reaching 0.618 Fibo retracement so I abstained posting a new updates last few days until new data come. So as I posted in my last TAs it's look like that the Bitcoin doing another ABC on the way down since last FAIL creating WXY correction structure. If you have ladder you buys between 0.5 and 0.618 as I suggested at my TA from 9 May you could sold at 8400 - 8600$ doing at least a nice profit of 400$ per BTC and you can buy now again.

Most likely it will touch the resistance of the previous and current channels exactly in the golden pocket (0.618 - 0.65). This is my prime exact target for now, RSI on 1 hour doing already a bullish divergence.

Stop loss slightly below 0.65 Fibo retracement where the last support is looked at the left side.

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Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!