amiiinghasemi

Where is the top for Bitcon? Gann and Fibbo analysis for Bitcoin

Short
BITFINEX:BTCUSD   Bitcoin
According to the Swing chart the top for the price is where up trending Gann 1*1 angle cuts the Fibbo level and they cut each other at 16700. I think after hitting for more time the top we will see a retracement to the 14100 level.

these prices are so risky to buy. but if you want to sell you can put the SL above 16720 and TP above 14200. so the signal for today is:

Entry: 16400
SL: 16720
TP: 14200

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