BTC/USD IDEA. Where I'm looking to get in
Hello fellow traders!
Here I have a Fib from the low to high of the most recent run. Im mostly looking at around 20k holding as support and possibly jumping in for a potential short term rally.
Keep in mind, we are still in a bear market until we can have a WEEKLY candle close above 25k but this bearish divergence with the RSI unfolding will have to play out.
-If price can get above 25k and stay there, that would show a true shift in trend.
-The fib .618 is just showing where BTC has the most support and might reverse at these levels.
Keep a level head and as my teacher says, this isn't a race, its a marathon. We're in this for the long haul of crypto.
Here I have a Fib from the low to high of the most recent run. Im mostly looking at around 20k holding as support and possibly jumping in for a potential short term rally.
Keep in mind, we are still in a bear market until we can have a WEEKLY candle close above 25k but this bearish divergence with the RSI unfolding will have to play out.
-If price can get above 25k and stay there, that would show a true shift in trend.
-The fib .618 is just showing where BTC has the most support and might reverse at these levels.
Keep a level head and as my teacher says, this isn't a race, its a marathon. We're in this for the long haul of crypto.
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.