dRends35

BITCOIN - A Moving Fibonacci Perspective

Long
COINBASE:BTCUSD   Bitcoin
Another persppective on this BTC bounce that I think is coming.

Moving fibs show that BTC is finding support on the lowest Fib 0 after a small fakeout.

This shows BTC is near the bottom of the fib channel.

It could crash lower as in May but things are much more corrective now - I dont think we'll see that.

Good chance price will bounce up to the upper white short range fib.

Once the 4H guppy turns blue bullish I think the bounce is on.

Not advice.


For fibs see @BoneFunkenstein

I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐

Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.

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Contact: t.me/dRends35
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