Short-term BTC long
Multiple Fib levels (and former highs/lows) point to short-term high at 56~56.4K. Play safe and short at 56~56.1~ish.
Last high at 55.7K~ish was about $300 too high to keep BTC upward trend, thus creating current dip.
After local high, BTC is predicted to fall under 54K
When price breaks under 55.1K and breaks trend line, discard this idea.
Last high at 55.7K~ish was about $300 too high to keep BTC upward trend, thus creating current dip.
After local high, BTC is predicted to fall under 54K
When price breaks under 55.1K and breaks trend line, discard this idea.
Note
On second thoughts, discard at 54.95K. Still uptrend.
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.