islamer

First TA...Still Learning

Long
BITFINEX:BTCUSD   Bitcoin
I see BTC bouncing off to 8600-8900 range and mooning to 11500 region. I extracted this from the fib retracement and fib extension. Since fib extension for wave 1 was 1:1, then fib extension for wave 3 predicts 1:1.618. The fib retracement shows a dip to wave 4 and then rocket. The RSI support lines also support the fib patterns
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