BTC/USDT Binance 4H hollow candlesticks After a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle. As there are also new Support & Resistance points. From here, we can conclude the following: At the end of the Ascending triangle, there will be a price break out. The price must break the golden ratio of the Fibonacci...
BTC/USDT Binance 4H hollow candlesticks Since mid-March, a sideways movement continues between $25860 and $31000 as an All-Time High (ATH). In the present phase, a symmetrical triangle has been formed, where a price breakout is expected soon. The Support area occurs from the extension of the golden ratio of the last Fibonacci retracement. The Resistance area...
last swing up was quite steep id say, so im looking at 0.5 fibo retracement spot. the good thing is, that the same level covers a little bit more things 1. previous 4H tops 2. 50 and 200 emas 3. RSI hidden divergence let me know if u see something else to add. price still can retrace from where it is curently. buy now and at 22000 SL 21300 lev 1-2x TPs in...