BTC could show upside leg

5 Sep 2018

As market shows no response to important intraday targets and we still have uncompleted major 1.618 AB=CD extension (aka XOP by DiNapoli terms)
with creates an Agreement with major 5/8 Fib resistance - BTC has good chances to show another leg up to hit them.

Besides, we see signs of bullish dynamic pressure here, as MACD goes down, while BTC is forming higher lows.

6 Sep 2018

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