These three potential paths for BTC short term all require reassesment when reached. The lower pink trend line is a fractal line and potential trend line and the targets are where the .786 retrace intersects. A move up or down from any of these targets will be deturmined when reached. Good uck!
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For live support and ideas from a team of active market traders 24/7 drop into t.me/BTFDdotCom and ask away!Note
Be advised, Id like to note there's one more area of interest where we tap $6.800 area and more up.
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Hit trend target 1. Lets see if we squeak a bounce and more indication of an impulse up!Note
White trend line below is there as the other potential trend line in the event we're still in the tail of wave CTrade closed: target reached
You can press play and see BTC bounced off the pink bullish trend line when the super majority of Trading View was calling for a capitulation out of fundamental market trends of a healthy asset. BTC Quickly bounced off the Bull trend at the fib I called. I hope others benefited from this objective market view when few would consider the idea, or chart for it. Trade closed, target reached.
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.
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.