17700 Zone is an important area to break up or go down.
Scenario 1 : we retraced already and bounced so we go 21700ish Scenario 2 : we go 17700ish and retrace back to 15350ish Scenario 3 : we go 17700ish and retrace back to 15350ish but support break and we back to around 14000$
St4y S4fe and manage your risks !
Happy Tr4Ding !
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M30 View.
now we reached already the critical zone so look at the red Circle. this is the most important zone to know if BTC is supported by EMAs or break down.
This Bit thing is really tricky. Yesterday it did recover from the 17.7 rejection. It seems now the 61.8 18.2k FIB level is killing it finally, but anything can happen. It was a big fight on a micro level.
thecryer
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@Barrabert, right its like a War between Shorts and Longs :D