Waiting for my fib level candle to complete and the subsequent two-three candles will be interesting to forecast if there is any chance for price swing at this moment. Details you can find on my blog. I will see if this fib level is still working naturally to time a bitcoin event.
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Previously, I annotated the Golden Ration and anticipate March 7 (+/-1 day) to result in a trend reversal. The possible short is below 11K either 10.9 or 11.0 down to TP at 10.2, 9.8, 9.2.
BTC continues its worry towards and upside potential and a breakout. It has to break the upcoming strong resistance i.e. 11k where people will enter as long and TP @ 12.2k or earlier. The intersection of two solid red line is called as R-S Junction, which defines a point where the resistance and support equalize their strength and a shift in market trend is...