TradingView
DanielKuipers
Jul 6, 2022 3:19 PM

Possible retracement to 0.168 fib level 

Bitcoin / TetherUSBinance

Description

In the bigger picture we might see a retracement down to the 0.168 fib level around 15k. This would still fit in the picture of a potential falling wedge pattern, which (when breaking out) would flip us bullish again. There is also very little support between here and ~14k, so if our support around 20k (previous bullrun's top) would fail, we are likely to visit mid-10k's.
Comments
Crypto_Clown_World
.618***
zAngus
Greetings, well done on posting your first chart. We hope it was a fun learning experience. Happy trading :)

From mod @zAngus
averkie_skila
Drawing a figure like this can do little to help you in trading.
More