Purple fib lines=bigger fib
Big red lines=Resistance/support lines.
Will we be able to break 10200 level this weekend or even today? Or are we going lower again? We've two fib levels to travel between(10242 & 9831).
best case: BTC goes up to 11.300 USD before correction (+1.3k)
worst case: BTC goes down to 7.650 USD because of psychological border and fading FOMO (-2.3K)
That's a bad ratio so I wouldn't open this position.