Hello chart people 👋
BTC 1D timframe
Key level I'm watching 👀 atm is 94,960. If we break below this level you can see in the chart where price might head to next.
Both RSI and candle uptrend have started to break down signalling negative momentum. This week could be bearish.
A move to the 618 would fill a fair-value-gap. I expect that price will react from the 88,300 - 89,300 range. Wouldn't be surprised if we saw a touch on the daily high Mon 21st Apr @ 88,340 on the button. This move is worth -6.5% from current position 📉
There is a small liquidity Zone sat right above us @ 97,100 so the cruel whales 🐋 might destroy the short people before moving down.
Re: fib levels - I've pinpointed the weekly open 21st Apr as the "swing low" and the 618 and 786 levels seem to magnetise to key levels.
BTC 1D timframe
Key level I'm watching 👀 atm is 94,960. If we break below this level you can see in the chart where price might head to next.
Both RSI and candle uptrend have started to break down signalling negative momentum. This week could be bearish.
A move to the 618 would fill a fair-value-gap. I expect that price will react from the 88,300 - 89,300 range. Wouldn't be surprised if we saw a touch on the daily high Mon 21st Apr @ 88,340 on the button. This move is worth -6.5% from current position 📉
There is a small liquidity Zone sat right above us @ 97,100 so the cruel whales 🐋 might destroy the short people before moving down.
Re: fib levels - I've pinpointed the weekly open 21st Apr as the "swing low" and the 618 and 786 levels seem to magnetise to key levels.
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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.