RSibayan

Trend-Base Fib Extension Is A Magnificent Tool

Long
RSibayan Updated   
COINBASE:BTCUSD   Bitcoin
Are you using the Trend-Base Fib Extension Tool to your trading advantage?

It simple and easy to use.

Empower your trades using this tool.

Happy Trading Everyone!

Ron

Check out the broader view of the Fibonacci Circle used in this chart:


Check out the potential short term outlook:
Comment:
Check out the broader view of the Fibonacci Circle used in this chart:
Comment:
The 61.8% Fibonacci Level is holding up.
Comment:
Price is still ranging at the 61.8% Fibonacci level and Bitcoin has the potential to launch from this level. Accumulation phase is almost complete. Bullish signals are firing now.

Warning! Never dismiss the possibility of a break to the downside.
Warning! Watch out for the FU move.

Best strategy for any scenario:
1. Place a trailing stop loss.
2. Never trade before the breakout!

Happy Trading Everyone.

Ron
Comment:
Price bounced off the 61.8% Fibonacci Level, and moving towards target of 161.8% Fibonacci Level.
Comment:
Price has met a strong resistance at $12K. Will price push up or drop? A drop to $10.8K will be a healthy move to bring in more buyers to push price up past the $12K and get this rocket higher up.
Comment:
Be Aware! Bitcoin is now in a Bearish Rising Wedge.
Comment:
The 61.8% Fibonacci Level has been re-tested. Time for a bounce and a bull run!!!!
Comment:
Update:
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