Waves / BitcoinLong
MAYBE BOUNCE OFF THE .382 ....
Lots of impulsive moves these past few days and it looks like its consolidating nicely to form a Bull pennant .
The bottom usually forms on a .382 fib for strong moves and it seems like we closed above that yesterday so a plus.
Buying now seems to have low risk. BUTTTTTTTTT BITCOIN is the ultimately in charge here so please don't forget to set a stop loss.
The bottom usually forms on a .382 fib for strong moves and it seems like we closed above that yesterday so a plus.
Buying now seems to have low risk. BUTTTTTTTTT BITCOIN is the ultimately in charge here so please don't forget to set a stop loss.
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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.