Looking at Fib Fans from Day 1 Binance to trough. Volume increasing, tight consolidation.
Comment:
Current support at the 12.4K looking for next buy in. Will wait to see if fall through 12.4 leads to a bounce at 11.5 to trade under the green band which is the 50% Retrace. Will not re enter until a test of the original 11.5 to see if it fall through or bounce off.
Comment:
Trade Active at 14.7K sell limit set at 16.7K normally would hold for re-test, but as BTC is in a tricky spot will take profits with an exit if possible. Initial position at 11.5K sold at 12.8K so not up by any means with this buy in, but looking for another turn for a run to 17K