The fibo there is critical and as you can tell the 50% fibo didn't hold and hit my POC - point of control level in aqua blue. The red horizontal lines are daily support / resistance while aqua blue are POC levels.
Do note the dotted trend line is a weekly TL and a hit on that would be a third bounce if it holds.
With FOMC coming next week this weekend and next week for crypto will be interesting. So be cautious and patient while managing your risk wisely.
Original chart post -
Do note the dotted trend line is a weekly TL and a hit on that would be a third bounce if it holds.
With FOMC coming next week this weekend and next week for crypto will be interesting. So be cautious and patient while managing your risk wisely.
Original chart post -
THus far