My current position on BTCUSD,
Price has come down to 33,000, and rejected the innermost 1.618 Fib circles from the most recent downtrend (if it is fact ending now.
will wait to for further confirmation- If price breaks above 35,453 I will buy to the next 2 fib circle levels at 37,800-39,700.
I believe price may play around in this area and may reject the innermost part of the 1.618 circle a few more times before "the fly" back up to 40k ish
My daily sell break level is also listed at 35,165/ or below the 100% fib circle level.
Price has come down to 33,000, and rejected the innermost 1.618 Fib circles from the most recent downtrend (if it is fact ending now.
will wait to for further confirmation- If price breaks above 35,453 I will buy to the next 2 fib circle levels at 37,800-39,700.
I believe price may play around in this area and may reject the innermost part of the 1.618 circle a few more times before "the fly" back up to 40k ish
My daily sell break level is also listed at 35,165/ or below the 100% fib circle level.
Comment:
Breaking now it looks like for the buy :)