Infib

BTC/USD - Projection

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COINBASE:BTCUSD   Bitcoin
A simple projection based on 10 EMA, 21 EMA, 55 EMA & Fibonacci

Based on this idea I think that the 10 EMA will cross the 21 EMA and we will touch the bottom of the wedge at around $10000 before testing the upper side.

As soon as we get some momentum I think that the 21 EMA will cross the 10 EMA and we will get some BULLISH ACTION!

When we get past the upper wedge we should try to retest the 0.618 Fibonacci retracement level pretty quick.

The 55 EMA should act as support.

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