BTC/USD Analysis - Fib Retrace if next resisstance not reached
BTC/USD Short to Mid-Term Analysis on Exchange BitFinex
Actually BTC/USD 10315-10325
Weak Resistance at 10317 I think it'll will be reached today 12/02
Next Med-Strong Resistance at 10785 If not reached correction/retrace will be the next move If reached no more stop until 12K and likely retrace from 12K
So If retrace from 10785 i think short is bad idea, better rebuy 5% cap at 9550-9600 and see if it continue to goes down ( I think it'll not go lower than 9500)
If goes to 12K maybe you can search the top and short. In this scenario Imo will retrace to 10750-10800 or can go as low as 9800-9780 in worst case.
All of These is my opinions, its not trading advices its only my analysis
Since some months I have a project for Publishing My signals, on a Dedicated Telegram Group and Other Platform like YouTube.
I will Organise a giveaway and give 1 Month free subscription for 20 peoples.
It's still in development but you can watch my last ideas , i have made particulary good trade since End 2019 - beginning of 2020
Dont Forget to push Like and Follow Me
Anf if you're not thinking like me feel free to give your opinion
Actually BTC/USD 10315-10325
Weak Resistance at 10317 I think it'll will be reached today 12/02
Next Med-Strong Resistance at 10785 If not reached correction/retrace will be the next move If reached no more stop until 12K and likely retrace from 12K
So If retrace from 10785 i think short is bad idea, better rebuy 5% cap at 9550-9600 and see if it continue to goes down ( I think it'll not go lower than 9500)
If goes to 12K maybe you can search the top and short. In this scenario Imo will retrace to 10750-10800 or can go as low as 9800-9780 in worst case.
All of These is my opinions, its not trading advices its only my analysis
Since some months I have a project for Publishing My signals, on a Dedicated Telegram Group and Other Platform like YouTube.
I will Organise a giveaway and give 1 Month free subscription for 20 peoples.
It's still in development but you can watch my last ideas , i have made particulary good trade since End 2019 - beginning of 2020
Dont Forget to push Like and Follow Me
Anf if you're not thinking like me feel free to give your opinion
