➢ Bitcoin (BTCUSD) produced a high on the 29 of July. This is our relative high.
After two months, Bitcoin produced a lower high, 27-September.
➢ On the 5th of August, Bitcoin produced a major low. This is our relative low.
After two months, Bitcoin can produce a lower low; lower highs can lead to lower lows.
The potential target for this low is mapped on the chart.
👉 This target based on Fibonacci retracement reads $43,800.
The main support range for the next drop sits between $44,000 and $40,000.
Thank you for reading.
Namaste.
After two months, Bitcoin produced a lower high, 27-September.
➢ On the 5th of August, Bitcoin produced a major low. This is our relative low.
After two months, Bitcoin can produce a lower low; lower highs can lead to lower lows.
The potential target for this low is mapped on the chart.
👉 This target based on Fibonacci retracement reads $43,800.
The main support range for the next drop sits between $44,000 and $40,000.
Thank you for reading.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.