I have an idea identical to this one posted, but I have adjusted the fibs because they make more sense like what I have them in this idea as opposed to the previous idea. I linked the previous Idea.
BTC is currently in a falling wedge according to what I see.
It failed to break out of it as we touched the top of the wedge recently.
If we are unable to bring in some volume and break out to the upside in the meantime, I am seeing some nice confluence around 38k-40k, or thereabouts.
There is an un-squared/un-fixed candle down in that area, too, so a move down there could make sense.
Thank you!
BTC is currently in a falling wedge according to what I see.
It failed to break out of it as we touched the top of the wedge recently.
If we are unable to bring in some volume and break out to the upside in the meantime, I am seeing some nice confluence around 38k-40k, or thereabouts.
There is an un-squared/un-fixed candle down in that area, too, so a move down there could make sense.
Thank you!
