I don't buy it, literally and figuratively.
It looks pretty strong right now, but i drew today's fibonacci for my trade, and im still not out of the woods, but what I discovered with these extended targets shocked me. This short term fibonacci that I just drew has perfect confluence with all these circled levels of past support! I couldn't believe my eyes how relevant it is.
I have a bearish analysis on BTC and XRP, but this fibonacci furthers my bearishness at this potential top.
If we do fall, i will be looking for buys at any if not all of these levels, but specifically the @~6cent one which I've had a dream about a long time ago - so maybe it is the one.
Many would say I am mad, and maybe I am, its just too suspicious how well alligned everything is. And price tried to move upwards but keeps getting pushed down by the 0,382 of this same fibonacci, defending my stop loss in the process.
Lets see what happens this week, I might look very foolish if it just blasts right now, but we will see! Either wizard or fool. Haha
It looks pretty strong right now, but i drew today's fibonacci for my trade, and im still not out of the woods, but what I discovered with these extended targets shocked me. This short term fibonacci that I just drew has perfect confluence with all these circled levels of past support! I couldn't believe my eyes how relevant it is.
I have a bearish analysis on BTC and XRP, but this fibonacci furthers my bearishness at this potential top.
If we do fall, i will be looking for buys at any if not all of these levels, but specifically the @~6cent one which I've had a dream about a long time ago - so maybe it is the one.
Many would say I am mad, and maybe I am, its just too suspicious how well alligned everything is. And price tried to move upwards but keeps getting pushed down by the 0,382 of this same fibonacci, defending my stop loss in the process.
Lets see what happens this week, I might look very foolish if it just blasts right now, but we will see! Either wizard or fool. Haha
