Bitcoin / TetherUSUpdated Accumulation phase may be upon us
This would honestly be a blessing in disguise, but a heart break for many a moonboy.
Bitcoin is still sliding down, looking for a bounce at the 9,850 level for a test of the fib and trend line
Optimistic target of 17,000’s (bulls willing)
It is interesting to see ETH so low on its fib levels from a macro perspective. Holding currently just above the .618
Bitcoins .618 is at 7,200. Will be interesting to watch this unfold.
For now I have taken profit and will remain on the sidelines until I see a good entry.
If you would like to stay up to date with crypto discussions telegram group is free to join:
t.me/joinchat/AAAAAFU6JkVxoNTVssfMpQ
Bitcoin is still sliding down, looking for a bounce at the 9,850 level for a test of the fib and trend line
Optimistic target of 17,000’s (bulls willing)
It is interesting to see ETH so low on its fib levels from a macro perspective. Holding currently just above the .618
Bitcoins .618 is at 7,200. Will be interesting to watch this unfold.
For now I have taken profit and will remain on the sidelines until I see a good entry.
If you would like to stay up to date with crypto discussions telegram group is free to join:
t.me/joinchat/AAAAAFU6JkVxoNTVssfMpQ
Note
If Ethereums 200 MA turns into resistance I will look to short
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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.