Due to bearish engulfing pattern (on daily frame) and touching 100% fibo, bitcoin will go bearish, to 7400, if it break this point it will go to 6800$ soon ... And maybe it will go deeper to 5800 (50% fibo retracement as it's a strong point) ...
Strong Short Reversal signal as i guess ...
Let's wait and see !
Strong Short Reversal signal as i guess ...
Let's wait and see !
Note
fast breaking for 7400 point!!, but I think 6800 is a strong support and it will retrace from it ..
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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.