Get started
FiboSwanny

Almost a given to see a full retracement in $BTC

Short
Bitcoin (BITFINEX:BTCUSD)  
FiboSwanny  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators retracement Bearish Patterns
4
0
trendanalysis chartpattern indicator retracement bearish
On the near-term daily chart the price has pushed below the 61.8% level of the previous high and low.

A full retracement back to the previous low has a high likelihood of happening.

Will re-evaluate once the 100% level is tested to see if it is time to buy. Probably not as trend momentum still has strength for the bears.

Thoughts?
members.texaswestcapital.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.