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Potential Fib Retracements For BTC/USD Practice chart

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Not sure If I took the bottom of the impulse to the top properly, or if this should even be applied at the 4 hour chart.
From what I have read from news, other posters, and the current price action this is where I think we are going.
.5 Fib likely will hold in my opinion. if not, .618 should be a quick bounce.
RSI suggests more room too fall before finding the floor, just not sure which level it will be. Only time will tell!


This is clearly not advice, I am a hobby trader. This is for my own enjoyment and reference.

Dont be shy to critique.
Not
almost a touch to the .5 fib
reversal possible between .5 and .618
dont think we will touch .618 level

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.