IF count until #3 is correct (BTC won't rally from here on), I would expect it to pullback somewhere around/between 7575 and 7750. This would be our #4. After I would be seeking for #5 somewhere in the middle of current uptrend channel. Why?
1. At 7570 there is .382 Fib level of the whole leg (from 6079 to 8506).
2. #3 is at 1.618 Fib level of the first impulse (from 6079 to 7588).
3. Longer term support/resistance is around 7750 level (red line).
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
1. At 7570 there is .382 Fib level of the whole leg (from 6079 to 8506).
2. #3 is at 1.618 Fib level of the first impulse (from 6079 to 7588).
3. Longer term support/resistance is around 7750 level (red line).
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Not
OK, it's in our zone, now let's wait and see how it will behave.Not
BTC is in area, where I'll start adding small amounts. First small buy order at 7555.Not
Small bit added.Not
A little bit more added.
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.
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.