BitcoinUpdated Almost there, time to get out.
Now we are close to the 0.382 fib retracement 7471 since the drop from 9177 double top. If history repeats itself, every double top has a retracement to around 0.382 fib since the Dec. ATH. So now this is a sell zone rather than buy zone. A safe strategy is to sell and wait for further bullish confirmation.
Note
Danger zone ahead
We don't trade patterns. We draw them.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We don't trade patterns. We draw them.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.