Re-Test of 0.5 Before Moon
Here, you can see that I'm looking for bitcoin to correct to back test the previous downward sloping resistance, as support. This would equate to a retracement to the .05 fib level (based off it's most recent move up).
After a healthy re-test of the 49-50k range, I expect bitcoin to make a powerful move in to what likely will be a new price discovery phase of the cycle for btc - fingers crossed!
As always, this is not financial advice in anyway, just a count I'd like to share with you. If you appreciate the analysis, be sure to follow and like to let me know... thanks.
Trade safely, cheers!
After a healthy re-test of the 49-50k range, I expect bitcoin to make a powerful move in to what likely will be a new price discovery phase of the cycle for btc - fingers crossed!
As always, this is not financial advice in anyway, just a count I'd like to share with you. If you appreciate the analysis, be sure to follow and like to let me know... thanks.
Trade safely, cheers!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.