Contrarianeyeview

BTCUSD: FIB Circle update

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BYBIT:BTCUSD   None
Most recent Fib res ring update (SL/SH) As you can see we are sitting right on our new fib-ring/circle , may trace downward to the 50-40% retrace range following this fractal., may offer a nice long on reaction to this retrace shaking traders that went long from the upper mid-line of prev channel.

Market cypher / Fractal analysis
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may have a nice scalp setup from the 50% fib to the bottom of our yellow bullish channel (now broken for support resistance flip.)
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52-56k range for next long scalp if we have no movement here, price most likely to move into retrace zone before any notable upside, of-coarse we may stick in a buy signal here if bulls hold given range of current price movement.
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eyes on 56k for validations of rejection.
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.