nrhayes91

BTC, continue upwards trend? (Short term view)

Short
nrhayes91 Updated   
COINBASE:BTCUSD   Bitcoin
Looking for short term blow-off with 0.5 fib correction back to 8451. You can see the 0.5 fib has been the correction bottom from the last two pumps.

Minor degree of bearish divergence seen on RSI as well.

Good luck
Comment:
Included price action from 12/19/19 - showing BTC's recent preference for 0.5 fib

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.