Potential Fib Retracements For BTC/USD Practice chart
Not sure If I took the bottom of the impulse to the top properly, or if this should even be applied at the 4 hour chart.
From what I have read from news, other posters, and the current price action this is where I think we are going.
.5 Fib likely will hold in my opinion. if not, .618 should be a quick bounce.
RSI suggests more room too fall before finding the floor, just not sure which level it will be. Only time will tell!
This is clearly not advice, I am a hobby trader. This is for my own enjoyment and reference.
Dont be shy to critique.
From what I have read from news, other posters, and the current price action this is where I think we are going.
.5 Fib likely will hold in my opinion. if not, .618 should be a quick bounce.
RSI suggests more room too fall before finding the floor, just not sure which level it will be. Only time will tell!
This is clearly not advice, I am a hobby trader. This is for my own enjoyment and reference.
Dont be shy to critique.
Nota
almost a touch to the .5 fibreversal possible between .5 and .618
dont think we will touch .618 level
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.
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.