BTC short term equillibrium into long over fib
It's going into the weekend, so not huge confidence on this play yet, but I have some interest on BTC long from looking at the low TF PA and I think the 56500 fib will hold and BTC will look to retest towards 60500. We'll see what happens. If it breaks down, I'm looking towards 52500. Trade what you seen.
Note
So far so good, long on the fib has a confluence of signals on the tail wind. I'm looking for a solid consolidation and breakout from this level probably overnight for americans.
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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.