Hi guys,
It seems BTC tried to make a breakout in the last couple of days and now is retesting the 0.618 retracement level. If this holds we should see a run towards the 41.500$ levels soon.
If it doesn't hold it would mean that a visit to the 23.600$ lows should occur. Prepared to sell at over 37000$, ready to buy around 23-24k.
Fibonacci 4.236 level stands at 41.933$, but I'm thinking the 2.618 level is more likely to be touched at 37.134$.
Potential hidden bull on the RSI.
Interested to know your thoughts on this, drop a line.
Not financial advice, please do your own research.
It seems BTC tried to make a breakout in the last couple of days and now is retesting the 0.618 retracement level. If this holds we should see a run towards the 41.500$ levels soon.
If it doesn't hold it would mean that a visit to the 23.600$ lows should occur. Prepared to sell at over 37000$, ready to buy around 23-24k.
Fibonacci 4.236 level stands at 41.933$, but I'm thinking the 2.618 level is more likely to be touched at 37.134$.
Potential hidden bull on the RSI.
Interested to know your thoughts on this, drop a line.
Not financial advice, please do your own research.
Trade active:
so far so good :)
BTC stands @31.167$, if it manages to flip 32.500$ into support I would consider the bull scenario confirmed
BTC stands @31.167$, if it manages to flip 32.500$ into support I would consider the bull scenario confirmed
Trade closed: target reached:
we got to the 23.600$ area, opening longs