The daily price cannot close above 0.618 (resistance) while the bears are trying to take the price below 0.5.
Which Fib Level will win?
If the price falls below the recent candle wick low of 10.3k, then we are likely headed to 9.5k which is the next Fib level.
It is like watching a game of pong, where the ball (price) keeps bouncing between two sides of the table (top & bottom in this case) and the paddles are controlled by the whales. We are of course in the middle of the board trying to dodge the ball. :0
Which Fib Level will win?
If the price falls below the recent candle wick low of 10.3k, then we are likely headed to 9.5k which is the next Fib level.
It is like watching a game of pong, where the ball (price) keeps bouncing between two sides of the table (top & bottom in this case) and the paddles are controlled by the whales. We are of course in the middle of the board trying to dodge the ball. :0
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