BTC short term view, after see out 4400$ level yesterday BTC has been in what I term temporary correction mode with price ranging between (50-61.8)% fibonacci retracement level.
Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.
RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.
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Well, I dont expect further fall but if there will be any it should not go below 78.6% fib level at (3700-3725)$.
RSI is showing some strength also after bouncing off the yearly low.
Short term target remain 4800$.
Join our discussion room for more about our trading ideas.
Please share your thougths about it and support my post with your LIKES.
Thanks
Trade active:
Yes up we go, as expected. the buying pressure remain so strong.
Trade active:
We had nice pump which is good for BTC Bull, and this time the retrace may drop the price down to 41xx zone.
Trade active:
Price moving in rising channel with top trendline providing maximum resistance to reject price down and presently aiming to test the bottom trendline.
Trade active:
Price moving as expected.
Trade active:
Trade is going as expected,
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