Get started
Hinterland

Fat Red Candle Retrace

Long
Bitcoin (COINBASE:BTCUSD)  
Hinterland Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis
1
0
trendanalysis
Seems like a classic "sell the news" candle. With el salvador adopting crypto today lots of people locking in profits.
I still see a likely retrace at the 0.5 or 0.68 fib levels
Comment:
Whoaa FAT FAT candle. Did not see 43k coming.
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.