I have bearish bias based on above chart. Share ur opinions.
ETH BTC is set to take a massive dump and break fib 0.236 level and may go down to 0.053701 BTC support. Please share your opinion.
As we can see that key fib level 1 at $9.11 is being tested. if it breaks down we can see a massive dump upto $5.3. On the other side if we break the triangle upward, key resistance are at $14.4 and $17.72.
RSI trendline breakout are usually more accurate then breakout in charts. Conservative trader may enter after confirmation level.
Possible breakout level based on RSI trendline are more successful then chart based trendline. Conservative traders should wait for confirmation Level.