These are the Fibonacci retracements I am watching for BTCUSD today :
N1: 37392 N2: 36228 N3: 34345
Current intraday trend likely DOWN
DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME
Examples of SL and TP :
SL could be @ Fibo level 4 (31742) TP could be @ Fibo level 0 (39276)
Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
After some research, I found that Elon Musk has tweetd about Bitcoin a few hours ago and messed up the crypto market ; so likely big moves on BTC today