Short
Bearish scenario, 1hr, NANO/BTC
Possible H&S / ABC correction scenario
Trade closed: target reached
1st target just about reached - indicators suggest the correction may be over, but if the market worsens and price breaks through the 0.5 fib then 3k sats / 0.618 seems logical, and offers greater historical support than current levels.
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.
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.