Another 'Magic Fibo' level hit, and therefore a profit target.
But.. $4900?! Sucks. This is the first bearish TA I think I've ever done on BTC, myself.
We'll have to see!
There should be some fierce support around $6460, the 61.8% retrace and volume profile POC.
IF BTC drops about this low, I'm buying a bunch, I know that..
I was late into this trade, so I'll be waiting for a retracement, but I believe I will take the short sell.
Shout out to Steve Gregor for his badass Fibonacci lessons.
But.. $4900?! Sucks. This is the first bearish TA I think I've ever done on BTC, myself.
We'll have to see!
There should be some fierce support around $6460, the 61.8% retrace and volume profile POC.
IF BTC drops about this low, I'm buying a bunch, I know that..
I was late into this trade, so I'll be waiting for a retracement, but I believe I will take the short sell.
Shout out to Steve Gregor for his badass Fibonacci lessons.
Trade active:
Still loving this look.
Price seems to have been stopped firmly at the 38.2% fib level.. I'm thinking this looks like an excellent place to re-enter this short!
Price seems to have been stopped firmly at the 38.2% fib level.. I'm thinking this looks like an excellent place to re-enter this short!
Trade closed: target reached:
A very scary wick probably messed up almost everybody's trade, but the target was crushed.