frenkees

frenkees

Fib retracement hold the price prety good, golden pocket allways save the price. Iam thinking if 4h candle or daily close under the golden packet, we can see price drop to lower level around 20 - 24k. Descending triangle also can be spotted on chart so there is another sign of possible down movement.

frenkees

Iam still bullish there. Looking for oportunity to set long position. SL set to main trend line

frenkees

Not the mention there is MACD bear divergence on MACD 4hr chart, there is also structure like on my idea above - correction is here but how huge will be?

frenkees

Just an idea