$BYBIT:BTCUSD
1H trend chart
After price touched Fib(0.5), price had broken out 1st downtrend
and it rallied back to Fib(0.618) which is 43977.
Meanwhile, Fib(0.618) is also a support level in previous price vibration
So consider it as a support zone.
Now, expect BTC could consolidate between 2nd downtrend and support zone
further form a descending triangle, then decide direction for bearish continuation.
1H trend chart
After price touched Fib(0.5), price had broken out 1st downtrend
and it rallied back to Fib(0.618) which is 43977.
Meanwhile, Fib(0.618) is also a support level in previous price vibration
So consider it as a support zone.
Now, expect BTC could consolidate between 2nd downtrend and support zone
further form a descending triangle, then decide direction for bearish continuation.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
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→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.