BitcoinSingkat
Looks like a bull trap BTC/USD 4H
On 22nd of June I made a forecast that the chart could reach the level of 9500 but it went further and reached the level of 9700. OK,
at least the chart returned to the downward channel, so we can call it a "bull trap". I moved Fibonacci Retracement closer to the current candles and saw that the chart reached 0.236 of Fibonacci. In theory, after reaching the level of 0.236 there is a possibility to make a radical move to the level of 1.618 (8200). Let's see what will happen. I think the chart will continue the downward movement.
This post is only for educational proposes and does not provide financial advice.
at least the chart returned to the downward channel, so we can call it a "bull trap". I moved Fibonacci Retracement closer to the current candles and saw that the chart reached 0.236 of Fibonacci. In theory, after reaching the level of 0.236 there is a possibility to make a radical move to the level of 1.618 (8200). Let's see what will happen. I think the chart will continue the downward movement.
This post is only for educational proposes and does not provide financial advice.
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.