Bitcoin Trend-Based Fibonacci Extension In Bear Trend
Looking at $8255 at the 1.272 Fib to be the very first target.
Bottom Target: $8226 down to $8211
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
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Ron (The Intrepid Trader)
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Looking at $8255 at the 1.272 Fib to be the very first target.