BTC Idea: May 19, 2022 (Fibonacci Analysis)
Updated
Intraday Idea:
LONG
When price gets near, around & below
27K handle, look to buy. Targeting 30K handle
The .50 level of the Fib Retracement & .75 level of the Fib Resistance Fan act as static & dynamic support levels.
Price Target: $30,000.00 BTC
SHORT
When price gets near, around, & above 30K handle, look to sell. Targeting27K handle
The .236 level of the Fib Retracement & .618 level of the Fib Resistance Fan act as static & dynamic resistance levels.
Price Target: $27,000.00 BTC
LONG
When price gets near, around & below
27K handle, look to buy. Targeting 30K handleThe .50 level of the Fib Retracement & .75 level of the Fib Resistance Fan act as static & dynamic support levels.
Price Target: $30,000.00 BTC
SHORT
When price gets near, around, & above 30K handle, look to sell. Targeting
27K handle The .236 level of the Fib Retracement & .618 level of the Fib Resistance Fan act as static & dynamic resistance levels.
Price Target: $27,000.00 BTC
Trade active
Price is near, around, & above 30K handle, look to sell.Price Target: $27,000.00 BTC
Target Date & Time: May 20 (~9:00AM EST)
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