I have been posting a lot of shorts since I joined TV. But this is only because I have not seen any low risk longs since.
Here on the 1D chart we see that BTC is ranging within a pennant which looks like it's targeting $8,090.
This is the same scenario that has happened many times in the past couple of months already.
The blue area is where I believe the bear trend will turn around and become bullish. However, this could take weeks / months of trying.
I only use Fib for indicators and analysis. If you would like me to chart any other coins leave a comment 👍🏽
Here on the 1D chart we see that BTC is ranging within a pennant which looks like it's targeting $8,090.
This is the same scenario that has happened many times in the past couple of months already.
The blue area is where I believe the bear trend will turn around and become bullish. However, this could take weeks / months of trying.
I only use Fib for indicators and analysis. If you would like me to chart any other coins leave a comment 👍🏽
