krujo

BTC long term using retracements and extensions

BITSTAMP:BTCUSD   Bitcoin
Using Fibonacci extensions and retracements (also the 0.65 golden zone) I attempt to see whether BTC breaks the pattern or just keeps inside this huge triangle.
Apparently BTC likes retrace to the 0.65 level then goes to the 0.618 retrace level projected from the previous swing. This pattern has been repeatedly seen since at least 2017.
This isn't a time based prediction intent, just price levels to take account.
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.