edibleed83

4 Hour chart with Fib Tools

Long
COINBASE:BTCUSD   Bitcoin
I've been playing around with the fibonacci tools recently. Fib retracement numbers are on the chart as I used the swing high to swing low on a 4 hour chart. These are potential prices that BTC can hit, but I also used the "fib time zones tool" so that we can potentially see if and when we go up more or a possible reversal sign in the market to get out.October 23rd we will most likely be seeing a move according to the FIB time zone. You'll also notice that the apex of the triangle ends around the same day as the Fib time zone. For right now though, I am playing the bounce to the .382. This is not trading advice and I am new to TA, so if you notice I did something wrong, please comment and let me know. Thanks!
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