As we all know Bitcoin has been on a tear and what we like about this runup is that it has had healthy pullbacks along the way but most importantly has respected traditional technical analysis along the entire way as well.
If we look at the Fibonacci levels I have illustrated here, we can see that is evident in the respect of the fib levels that Bitcoin has done....
I think the chart will tell you all but, Will also adding some tips here ,
We got double bottom ( W ) on ARKK, that's means a uptrend channel to us, Which we can get our targets & res-lines by Fibonacci. Also will add that ARKK is depended on TSLA, ROKU, TDOQ & SQ. So if these stocks moves up then definitely we can see a huge movement from ARKK.
EA has been in a continous downtrend since the beggining of the year. On the 2H timeframe, price action consolidated for a while before breaking beow and retesting the new resistance it was now under. Price has now fallen below again and made a lower low and is now coming back to retest the previous lower low. There is also confluence with the fibonacii golden...
