OK so ive done a little bit of analysing BTC. Its in this ascending wedge on 4H Its been range bound above the 50% fib since March this year. only tapped below 50% twice in June and August/September. Since then it rocketed to form a higher high, but no higher lows since then. So something has gotta give? Is it probable that BTC will soon take that dive to form that higher low? If it tops out here then if it ranges again to the 50% fib then 33,500 could be a next low. If it breaks 50% and goes to the 0.618 then could be going to 31,500. However if this break out of the range is a huge liquidity sweep and it goes back into its range but to still form a higher low at the 0.786 fib then it could go as low as 28500. This could also be in alignment with the trendline I honestly cant see BTC keep ripping up from here. I need to check out some fractals from previous history
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.