We need to go above .618 in next hours to climb to upperlevels of price. Market got a really healthy correction of 50%, but traditionally, after 2-3 weeks of bossa we will got next bull run. Market condition is good enough, There is lower amount of longs that usually, same as short margin, if there is anyone who was afraid to purchase bitcoin below 12000, you can buy on .618 breakout. Long position will apear soon, so that mean that the price will swing up
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Important moment, will we stand above the 14400?
Trade active
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Bull flag?Note
Fighting on .786 but btc will break it for sure :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.