BitcoinUpdated BTCUSD
Retrace of .5 fib has completed, but at this point I am remaining neutral to see if there will be more pressure down towards the next fib. The Gann fans, in my opinion, are still in what I refer to "no mans land."
I am conservative; perhaps to a fault, but that is my style.
Good luck. If anyone sees this view, please feel free to disagree and post opposing views. Thank you!
I am conservative; perhaps to a fault, but that is my style.
Good luck. If anyone sees this view, please feel free to disagree and post opposing views. Thank you!
Note
Price action is still respecting the fans. We are also back to the .786 fib level and perhaps finding new support here?Can today print a bullish engulfing? I wouldn't be surprised, but I remain neutral for now.
Crypto chat is full of craziness. Good luck to everyone.
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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.