1M BTC New Year Heikin Ashi version
Updated
Bitcoin is showing a drop to the golden pocket (0.618) and support of the gaussian channel at the recent and current price action. This time I used the Heikin Ashi candles which are supposed to filer out some noise in the price action. If this data is correct then a bullish reversal should begin soon.
Also, a retrace to 1.618 is not possible if this target is not even on the Fibonacci chart. In a bear market the price action retraces to 1.618. We will see if the charts change after the new year.
Happy New Year!
Also, a retrace to 1.618 is not possible if this target is not even on the Fibonacci chart. In a bear market the price action retraces to 1.618. We will see if the charts change after the new year.
Happy New Year!
Note
Note
New Year fibs populated at 8pm eastern time and more downside appeared.
Avange-Lina
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