BitcoinShort
we have reach my .618 fib level- potential resistance here.
I favor a short here Now that price has come up to my old .618 fib level at 4400 area, price has potential to reject this fib level and come back down to around 40k again at the .5 fib level.
Though, If price continues up and has a 4hr or daily candle closure that ends above 44500, then price will continue up to the next fib level at around 4600.
Though, If price continues up and has a 4hr or daily candle closure that ends above 44500, then price will continue up to the next fib level at around 4600.
Related publications
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.