FIB with Short position BTC RECOVERY & now moving to $72k zone
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Fib Retracement with short position pips target reached with Key level. Used Nasdaq sessions for calculating with ATR. Next 72k zone to then reach 79k
VIEW ARROW FOR GUIDANCE CONFIRMATION
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Short position is a 1% percent ratio in combination with Nasdaq sessions. Please disregard the pips for entry and stop. Apply pips on target only on short position. 1% ratio is almost same value as pips.
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BTC keeps showing BULL STRENGTH
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Seems like smart money sells have hit rock bottom. BTC should start moving up from now on. I had prior before this idea estimated 63k but I wasn’t sure. When I combined my 1% ratio, using Nasdaq sessions, and pips for target. $64,979 was least best.
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High wave candle on a one day. There was a big bull run on the last high wave candlestick.
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After recalculating pips BTC reads not 72k but 73K zone on a 1day tf.
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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.