divine2009

BTC Short term Scenario

BITMEX:XBT   Bitcoin
We have seen today price rejecting from Fibonacci 0.786 level. The Fibonacci which I have drawn on the left from the swing low to the top of the range has retraced to 0.786 fib level .

We can see a pull back up to Fibonacci 0.5 -0.618 level,which is drawn from top to the pullback of 0.786 price level.

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.