RebelSatoshi

BTC short? Fib and Trend analysis

BITMEX:XBTUSD.P   Bitcoin
Have always been a proponent of Fibonacci and use it heavily in my technical analysis.
Looking at the 15 minutes time frame it definitely looks to be cooling down on the micro.
Find lots of confluence on the fibs and other indicators are all pointing bearish with a slight bounce/consolidation happening currently.
Look to top of channel for entry.
On the macro 1D chart I expect to see a return to under the ichimoku cloud then it's rocket time.


Don't forget to drop a like!
Feel free to engage and ask questions!
Good luck to everyone in their pursuit of financial freedom!
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.