Currently I have an active Buy in for BTCSD since the 11th of February after we reached 41,800 which is my .382 fib level. We continued to reject this level at 42,000 and range between here and 42500.
Targets are still the same as my most recent Idea,
Hey Brenna, I watched your live stream yesterday and have been trying the Fib circles, however I couldnt find any useful info from them, what would a circle "break" tell me? as far as I can see you are also mostly trading from the normal Fib levels. Would you care to explain? Btw I hope you had a nice date :)
TheDeadPixel
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so will 45k be the top short term?
bmoney2020
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@TheDeadPixel, That is where price "wicked" out in the recent past, but, if price has a candle that closes above 45,000 on the 4 hr or daily TF - we are sure to see 46k at the next .5 fib level. I can see that happening.
If price just revisits that 45,500 area it may wick back and reject the next .5 fib.
If price is ripe, and ready to break there will most likely be a closed candle above the 45,000 level on 4hr or Daily.