BTC encapsulation in a Fib Circle for now. Predictions on it.
Well, as you can see on the graph, the price is pretty much blocked in the area of the Fib Circle shown.
Until it breaks one of the circle areas, it might just bounce around the current Circle Area.
Also, resistance and support level agree with this Fib Circle :)
No Elliot Waves that I can clearly see on this one, so I'm not gonna add them.
My personal order(s) for the foreseeable future.
1) If it keeps this trend
Buy: ~8860 $
Stop loss ~8795 $
Profit: ~9120 $
2) If it breaks down the trend (<8800)
Buy 8550$
S/L 8450$
Profit 8800$
3) If it breaks up > 9250 $
Buy 9250$
S/L 9189$
Profit 9400$
Again, those are my personal orders, and I might adjust them in the meantime, but they give a sense of what I'm expecting to happen.
Whelp
Until it breaks one of the circle areas, it might just bounce around the current Circle Area.
Also, resistance and support level agree with this Fib Circle :)
No Elliot Waves that I can clearly see on this one, so I'm not gonna add them.
My personal order(s) for the foreseeable future.
1) If it keeps this trend
Buy: ~8860 $
Stop loss ~8795 $
Profit: ~9120 $
2) If it breaks down the trend (<8800)
Buy 8550$
S/L 8450$
Profit 8800$
3) If it breaks up > 9250 $
Buy 9250$
S/L 9189$
Profit 9400$
Again, those are my personal orders, and I might adjust them in the meantime, but they give a sense of what I'm expecting to happen.
Whelp
Comment:
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