Get started
firmestudio

BTCUSDT one more leg part II

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
firmestudio Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Fibonacci Triangle Fibonacci Confluence Fibonacci Retracement fibonaccianalysis trianglepattren 146 trianglebreak breakdowntrading bearishtrend
6
0
trendanalysis fibonacci triangle fibonacciconfluence fibonacciretracement fibonaccianalysis trianglepattren 146 trianglebreak breakdowntrading bearishtrend
One more leg down as expected. Posting part II of my analysis to show a beautiful Triangle on 15M chart. Price action shows pivot point reversal reacting to 0.707* (70.7%) of Fibonacci Retracement. Triangle confluence with 14.6% target.

*0.707 is the square root of 0.5.
Comment:

Related Ideas

firmestudio
Crab Harmonic and Head and Shoulders
firmestudio
BTCUSDT Price Action
firmestudio
BTCUSDT weekly overview update part II
firmestudio
BTCUSDT AB=CD Harmonic potential target
firmestudio
BTCUSDT one more leg down now
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.