BTC.USDT (Y22.P2.E1).Reversal structure Fractal Long
Bitcoin / TetherUSBinance
Description
⋅ Hi All,
#BTC #BITCOIN
Looking at the reversal pattern in 2020, we can see 3 RISING VALLEYS, higher lows.
This was initiated at the local 618 fib level.
So one can buy the dip (when the traditional markets open to support this - SP500 & NASDAQ as they are also dropping). Must keep an eye on both.
Alternatively buy at the retest after it break above the 0.5 fib level.
Please give me a like and tick\share, and see talk to you soon some more later.
All the best,
S.SARI
MAIN MARKETS
SP500, NASDAQ, BTC, DXY
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