This fib that I have pulled is purely speculative. It doesn’t have any merit other then it lining up with the price action and where (I think) price will go.

However it does line up with the death cross coming on the 4hr and the 200 MA (the yellow line) meet the fib at 7,600. Obviously purely speculation but I’m seeing these levels have more and more confluence stack up. Who wants some cheap bitcoin?
However it does line up with the death cross coming on the 4hr and the 200 MA (the yellow line) meet the fib at 7,600. Obviously purely speculation but I’m seeing these levels have more and more confluence stack up. Who wants some cheap bitcoin?
Note
The 4hr 21 MA (10,200) is also acting as resistance. 4 hour blood diamond printed on market cypher a few hours ago but could have already played out.Note
Volume is loooooow we’re at the apex of this wedge, shouldn’t be much longer till we get a decisionNote
4 hr macd bullish cross about to occur. This may all not even play outDisclaimer
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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.