IRIS/BTC (Strong Pullback?)

IRIS/BTC

-the pullback today has reached the gold Fib zone
-over -30% from the high at 89 sat
-the .618 Fib is a confluence of the 20MA dynamic support
-if this level will hold for the next 1-2 days
-it will likely bounce from here and retest the range 67 sat
-for now, there is no visible bullish present yet
-I recommend waiting at the sideline
-and not to jump in right away
-always remember, patience is key