TheLightChaser

POE/BTC 4 hour - Bottom or .2fib Support?

BINANCE:POEBTC   None
Forwarning: I am a beginner at charting.
I look forward to hearing critiques and opinions about my TA, and am eager to learn from you!

I am posting my TAs to have an archive of my ideas, a way to keep me accountable, and to learn.

Now that that is out of the way, I am using a 4 hour chart and working with po.et.

Target 1 is risky so I have set a pretty tight stop loss. I feel like we are either going to drop below the .2 fib line or if we find support, we will see a reversal.

Target 1: 20% - 434 sat
Target 2: 60% - 754 Sat
Target 3: 20% - 894 Sat

Stop Loss for first target 405 Sat
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.