mhandley77

BTC: Current Channel & Fib Extension Target

BITSTAMP:BTCUSD   Bitcoin
BTC pushed down to the bottom of its' current channel. Simple Fibonacci extension has a 1.68 target at 5050.49, just below the 200 SMA... unless it drops out of the channel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.