BITCOIN UPDATE AND THE POWER OF FIBONACCI
This is a chart i posted not too long ago, advising to buy as soon as prices cross green box (50% FIBO)
Amazing how the targets were met at each step of the way and even where prices closed today's session : Fibonacci extension...you can see the extension drawn from previous posted charts tradingview.com/v/s4ZQkJFm/
Some divergence here so i would recommend to wait until initiating any other long, shorts at this point is hard to tell without any confirmation
Cheers!
Amazing how the targets were met at each step of the way and even where prices closed today's session : Fibonacci extension...you can see the extension drawn from previous posted charts tradingview.com/v/s4ZQkJFm/
Some divergence here so i would recommend to wait until initiating any other long, shorts at this point is hard to tell without any confirmation
Cheers!
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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.