this is 38% fibo area and the gold needs a break I clean everything frome the chart and try to show the way simply
Bulls or bears? This is important area for Ordi if it breaks the line next purple line is absolutley reachable. Fibbonacci accept this break but btc is bulish and the situation is risky. I will open my short position after break
Head and shoulder has shown on the chart Neck is broken and we are watting for pulback and macd sign
This is a bad situation .but for HODL TRIANGLR BROKED AND ITS TIME TO SHORT.
Waves of bears power.perhaps its just a dump and this set up would failed.
It seems we are at Nice point for hold,if the price could brek top of tringle all targets will be intouch
the volume is vary low now and the better way is wait for 3900 and if the triangle broke come back for target 4500
it seems we are on wave C and on start of 3th
I still believe the BTC and think that reach guys need money for new year :))
this is the way that allow btc to rise clear and stay on top and break the falling wedge pattern in daily timeframe! I hope btc holders decide to let it free
as I mark on chart the falling wedge patern is broken and can go to 300 for the first target
btc is on top of second hill and short can give you around 2%