Rudolfs

BTCUSD Short term correction

Short
Rudolfs Updated   
BITFINEX:BTCUSD   Bitcoin
Currently @ Daily resistance block + 0.618 fib from previous move down.
Target hourly block of previous consolidation and 0.5 fib.
Bullwhale's continued buying and close above 50% of the block invalidates the idea.
Trade closed: target reached:
Target reached and then some.
Comment:
Does not look that short term, lol. Bear trend continuation it is.

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.