Here we negotiated to get past the golden ratio several times on the local 'micro' level to get to the golden ratio at the 'macro' level for the so manieth time, it needs to break and oh boy if it does!
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
Comment:
Now we are correcting in the 1983-1918 range, getting ready to convert some upside potential!
Comment:
Currently we are building support on the 1.618 (purple line) and as long as $btc hovers around the 11-12k region this rally has some more upside potential!
Comment:
1.618 around 39.38 cents reached
Trade closed manually