niconizoli

BTC Down 0.5 fobonacci

Short
niconizoli Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is ready to descend to the value of 0.5 of Fibonacci after generating a pattern shoulder head shoulder in daily temporality.
Comment:
Descend to values between 25500 and 24200.
Comment:
Bitcoin reached the marked area where it will surely make an accumulation and then continue breaking down and reach profit
Comment:
The pattern has been fulfilled quite well although it took time to make the confirmation downwards, the expected values are currently around 24300.
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.