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SHORT POSITION!

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Fibonacci Trend Lines
4
2
trendanalysis fibonacci trendline
A great opportunity to short! The price action Is respecting the Fibonacci Retracement aiming to the 38k region!

Thanks for your attention!
Komentar:
If you don't understand the Fibonacci Retracement setup, excuse, I explain.

1- The retracement tool Is extended from the top of the candle that starts the previous decline with the 0.5 level at the candle pivot (lower price) of the price's retracement;

2- Then, the 0.786 (49467) level now Is the resistance for the pullback. Respecting that, the setup Is validated;

3- Now, the expected fall can be touch the levels below with a logical target at least the 0.236.
Komentar:
The ideal entry on this case was até the 0.786 level (49467).

Thanks for your like. ☕

Ide yang Berhubungan

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BTCUSDT SHORT POSITION W/ FIBONACCI
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