BTC:USD manages to break above 61.8% Fib level.
Updated
Expected to retest it again, and then will see where it will go from there.
If it finds support, expect BTC to continue higher to 38.2% level.
If it fails to find support above the 61.8% Fib level, there's a high possibility of it falling all the way down to 3800 again.
See also XBT/SPX ratio analysis:
More current XBT/SPX update:
If it finds support, expect BTC to continue higher to 38.2% level.
If it fails to find support above the 61.8% Fib level, there's a high possibility of it falling all the way down to 3800 again.
See also XBT/SPX ratio analysis:
More current XBT/SPX update:
Note
Constantly re-adjusting my Stop Loss unemotionally with the aid of my script (based on stdev and relative candle movement/directionality):Note
BTC broke below the 61.8% Fib level but appears to hold support above the Ichicloud and the 21EMA on the 3hrly chart. Note
Note
BTC still holding above the 21 EMA.A re-test of the break out higher from the ascending triangle?
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