Decodingthemarket

#Bitcoin Makes a Big Move

COINBASE:BTCUSD   Bitcoin
When It Approaches These Fibonacci Levels you must be aware to make your own decisions to enter or exit your trade.
Pay Attention in 0, 0.382, 0.618,0.786, and 1 Fibonacci Channel trend lines
every time approached this level before price make a big move to the downtrend and then a move no one want to miss out to the uptrend
If Drop, Will be your Last Opportunity Buy Area (Green Area)
please check the downs and ups in each of the Fibonacci trend lines to get your own points of view

At the moment
1Hr Time Frame price is ranging Between 47963 to 46905
4Hr/1Day Time Frame price found resistance at 49911 (check my previos TA to see target fully accomplished)
BTW congratulation if you followed my previous ideas and
RSI Reached above 84 area as it did before on February 22nd and dropped 24.35%
1Day Chart is showing a few resistances as
MA 200 is above price
0.5 Fibonacci Retracement still above current price

NOTE: Price Line Extension (Red, White and Green) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market

NFA
PLEASE, DYOR/MYOD!!
PLEASE ZOOM IN AND OUT FOR BETTER APPRECIATION

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Please Re-Examine Before Make Your Last Decisions

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