BTCUSD Weekly Trend-based Fib - Bearish retest of 17.500 next?
Just playing with a trend-based Fib on the Weekly levels again.
Let's see how this one plays out.
Seems like we might get a (bearish) retest of the 17.500 level and then (a final?) drop to the12.300 - 13.400 levels. These levels align with the weekly 0.886 and .0786 Fib-levels.
Weekly
s3.tradingview.com/s...shots/r/RZf7uOtx.png
Daily
s3.tradingview.com/s...shots/t/TBE7LVz9.png
Let's see how this one plays out.
Seems like we might get a (bearish) retest of the 17.500 level and then (a final?) drop to the12.300 - 13.400 levels. These levels align with the weekly 0.886 and .0786 Fib-levels.
Weekly
s3.tradingview.com/s...shots/r/RZf7uOtx.png
Daily
s3.tradingview.com/s...shots/t/TBE7LVz9.png