Evening All
Few things I would like to point out with BTC.
- Rejected currently off this Daily Supply Level at 11730
- Now trending below the 61.8 overall Fibonacci Retracement Level
- Most IMPORTANTLY, our in house indicator Steamroller just touching the overbought RED condition
Looking like we’re headed down towards that relevant Demand Level at 11150 for the next test. That Demand Level has been drawn on the 4H timeframe.
Few things I would like to point out with BTC.
- Rejected currently off this Daily Supply Level at 11730
- Now trending below the 61.8 overall Fibonacci Retracement Level
- Most IMPORTANTLY, our in house indicator Steamroller just touching the overbought RED condition
Looking like we’re headed down towards that relevant Demand Level at 11150 for the next test. That Demand Level has been drawn on the 4H timeframe.