Hey y’all, this is where I’m at with BTC on the daily. We are now at a area where BTC will either recover, on possibly move to the downside to the .886 Fib Retrace Ratio. We are currently at the .776 now, but technically this pattern would also still be valid at if we dropped down to the 886. The oscillators are in fact showing bullish divergence so it is possible that we could make a move and follow the rules of a bullish 5-0, but yet again it is also possible we continue to shift downwards. BTCs move will be solely dependent on the rest of the markets, as those unfortunately aren’t looking to hot neither.
Hope everyone is keeping their cool and and not being effected by the fear and panic that many people show and to always look at the bigger picture and not the short term. There is so much opportunities in both Bull and Bear markets. Don’t be fed fear and stay sharp traders. Respect The TA!
Hope everyone is keeping their cool and and not being effected by the fear and panic that many people show and to always look at the bigger picture and not the short term. There is so much opportunities in both Bull and Bear markets. Don’t be fed fear and stay sharp traders. Respect The TA!