Big BTC/USD retracement? What to expect

50% Fibonacci Retracement level would still be considered as Normal. (8100 Level)

Crossing Below this level, we could consider the Uptrend is Over and Shifting to downtrend.

If crosses 50% Retracement level, it would implied crossing 200 EMA, 50 EMA and 20 EMA.
(Still a lot of Support to Cross) No panic! :)

Yorum:

Price is trying to reject 200 EMA as support. If we break down, we will easily reach 20 EMA as next support.

Yorum:

After rejecting 200 EMA, seems retracement is over. Next level to reach is 2 days previous high 9500 level