Im using the same FIB levels to try and identify future support now and aiming to see bitcoin settle now between .23 and .38 fib for awhile. WHILST this is consolidating, alts should have a chance to follow in pursuit, which we are getting a taste of now.
I want btc to drop back down to the .23 fib level though jus to prove a support there then begin climbing once more. If it cant prove support there, then the bears will take over for sure.
SHIT ON A STICK ladies and gentleman, get ready to have your minds blown and wallets emptied ;)
DISREGARD SAME AWKWARD COMMENT IN THE COMMENT SECTION... I fucked up there..
This blasted past my expectations and decided to shoot straight without testing .2 fib much.
NOW RSI looks to show a small downturn coming up however... MACD is preparing for something big. Either that or a consolidation for a while similar to previous dance around .38 fib.
EITHER WAY, if it goes up that is good, if it doesn't and consolidates, alts will look for catch up opportunities.
Shit on a stick but now at the .38 fib