Gweilo

BTC Fib Zones

BITSTAMP:BTCUSD   Bitcoin
More detailed chart. I enter the fib values manually to ensure theyre precise. BTC likes to bounce in this .886 - 1.13 zone. 1.27 lining up with trendline is likely target if 1.13 fails to hold. Secondary fibs lining up with 1.27 and 1.41. Notice the price action how the candle wick slap the fib on the first day of contact almost every time. This is where i have my orders at.

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