Potential short zone for btc, we can see this fib overlap lining up very well!
What to do in this example? Take the smart trade!
The smart trade, being the long into this zone as we have the potential to just keep pushing up and following this bullish momentum. When we get into this short zone, if we short, and get stopped out, no worries we can just let our longs run and this is zero risk to us!
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.