BINANCE:BTCUSDT   Bitcoin / Tether
Since breaking down from the symmetrical triangle yesterday afternoon, a lot of selling has ensued.

I am surprised how strong the 8k rebound was this morning when I got up. Lets see if this evening other countries feel the same as the US.

Graph should be pretty clear, thoughts?
Comment: looks like the 4 hour is confirming the .618 fib retracement as resistance.
My chart is similar but using BTC/USD: Coinbase and see the 61.8 (9056) as resistance also. Interesting to me that so many people draw their Fib in reverse.
Reply
dead cat bounce, sure:)
+1 Reply
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