brandonmattis

BTC Idea: May 19, 2022 (Fibonacci Analysis)

brandonmattis Updated   
BITSTAMP:BTCUSD   Bitcoin
Intraday Idea:


LONG

When price gets near, around & below $27K handle, look to buy. Targeting $30K handle

The .50 level of the Fib Retracement & .75 level of the Fib Resistance Fan act as static & dynamic support levels.

Price Target: $30,000.00 BTC


SHORT

When price gets near, around, & above $30K handle, look to sell. Targeting $27k handle

The .236 level of the Fib Retracement & .618 level of the Fib Resistance Fan act as static & dynamic resistance levels.

Price Target: $27,000.00 BTC
Trade active:
Price is near, around, & above $30K handle, look to sell.

Price Target: $27,000.00 BTC
Target Date & Time: May 20 (~9:00AM EST)

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