Bitcoin / TetherUSUpdated BTC Scalp
0.618 fib level aligned with an established support/resistance line .. thinking we come up to just under 33k (where ill be looking to sell) before BTC continuing downwards
if a 6hr candle closes above the 0.618 level (33k), then it's very likely NOT a dead cat and the chances of the price continuing upwards are high
just my thoughts
if a 6hr candle closes above the 0.618 level (33k), then it's very likely NOT a dead cat and the chances of the price continuing upwards are high
just my thoughts
Note
kinda changed my view on this one ..still in a long trade but correcting my fib retracement I think 35k range is more likely before continuing down
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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.