PERL/BTC (Pullback to .618 Fib Support?)

PERL/BTC
-The top has been set of Perlin at 758 sat High
-Today, the price continues it downfall
-The best area of interest is around 404 sat range
-Which a confluence of previous support and resistance
-Plus the golden Fib .618 level of support
-The chances of a bounce reaction in this region are high
-Provided there are bullish rejections before entering a position
-If a short term relief rally will occur, the target is up to 550 sat or higher
-The top has been set of Perlin at 758 sat High
-Today, the price continues it downfall
-The best area of interest is around 404 sat range
-Which a confluence of previous support and resistance
-Plus the golden Fib .618 level of support
-The chances of a bounce reaction in this region are high
-Provided there are bullish rejections before entering a position
-If a short term relief rally will occur, the target is up to 550 sat or higher
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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.
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.