hemingford

hemingford

Hello Traders In the last time I posted, I expected a 61.8% retracement of the Fibonacci rate between $43,200 and $52,500. However, as wave A lengthened, the location of wave B was unclear, resulting in a rebound below the expected point. The rebound does not mean that it has returned to a bull market. So even if you buy, you still need to take profits in the...

hemingford

Although BTC has succeeded in rebounding, that doesn't mean it has turned into bull market We should check how the correction wave moves before buying

hemingford

As I posted last time, BTC has reached $52,500. Everyone be careful and good luck!

hemingford

With a strong price rebound, BTC is running toward the most important resistance line. The target price will be 61.8% of Fibonacci, and this is where the huge fight between Long Position and Short Position begin !

hemingford

We've seen three times today that the price stays above the support line. and i was really not sure support line will work ! After overcoming the fear that prices will fall, the next pricing strategy is needed. Unless Price break the support line, my strategy is selling at fib 0.382 / 0.618 your like / comment gives me great support ! Hope you guys have a nice...

hemingford

Most of traders expected that price will go down at 41~42K. If it lowers the low, I expected a panic sell but the rebound position was previous support line I think this move was aimed at forcing people to make stop loss but it still has possibility to reach at 41 ~ 42K Let's what will happen if price will keep this support line Thank you

hemingford

Bitcoin price hit Fibonacci level 0.886 if price doesn't break former low point, it has possibility to go up at $ 53,000