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CryptoSlots777
2020年11月26日上午11點02分

BTC retrace 看空

Bitcoin / TetherUSBinance

描述



I've already explained some key points on the chart.

Volume shows top is in.

My initial top target was 1.618 BC blue Fibonacci level.

I believe we current leg up started in Sep-Oct. This is where I placed my first golden Fibonacci extension.

From the breakout to top green Fibonacci 0.5 0.618 levels are ~15k and ~16k points of bounce for B leg.

Final C leg down target could be ~13.9k top of 2019, pretty close to 0.618 level red Fibonacci of March to top.

交易進行


Hidden bearish div on the 1H and 4H 0.618 hit, most likely we are going down ~17450 first target.
評論
CryptoSlots777


B should be done. Any higher than 18.5k, going back into the channel would invalidate this idea.
CryptoSlots777
Ersin_ARSLAN
So it will drop more to 14 level ?
CryptoSlots777
@Ersin_ARSLAN, yes we could go all the way. We can find out when B leg up finishes.
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