In case you haven't seen yet, this chart is practically identical to my previous analysis. Switched a few indicators around and what-not. But clear fib-battle. Money being made on swings daily. Geez.
Long term - bull
Short term - bear
We need one more retrace then longmoney will consider.
All info on chart. Educational purposes only, and updates coming soon.
Long term - bull
Short term - bear
We need one more retrace then longmoney will consider.
All info on chart. Educational purposes only, and updates coming soon.
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Comment:
Slight adjustment
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Just watching the 8 hour. Movement is looking very smooth. Still has quite a ways to go before we hit the 50 Fib.
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Comment:
Needing to 11492.00 break. 50 pull from b.
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May need to relabel over the next couple weeks, depending on BTC movement. Let's see how we handle the 50 retrace on the way back up.
Also, color codes have changed henceforth. Just reversed.
Also, color codes have changed henceforth. Just reversed.
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Immediately a the 50. One hour
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Over the next day if sell pressure is high, target is first algo 236 (8500).