BitcoinShort
BTCUSD Critical Level
Hello traders,
Critical level for BTCUSD chart as we retest the .382 Fibonacci retracement line
- If the bulls have another push in them, clear target will be the 0.5 Fib line at $11,573, will quite possibly be at play
- We need healthy consolidation and respect of the .382 Fibonacci line, Id like to see BTC Retrace back to the .236 Fib, confirming support and then continue on higher
- We noticeably have low volume on the daily compared to previous volume and a possible bearish divergence may be coming into play
What are your thoughts?
Please Leave a Like and Comment :)
Critical level for BTCUSD chart as we retest the .382 Fibonacci retracement line
- If the bulls have another push in them, clear target will be the 0.5 Fib line at $11,573, will quite possibly be at play
- We need healthy consolidation and respect of the .382 Fibonacci line, Id like to see BTC Retrace back to the .236 Fib, confirming support and then continue on higher
- We noticeably have low volume on the daily compared to previous volume and a possible bearish divergence may be coming into play
What are your thoughts?
Please Leave a Like and Comment :)
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