(2) was a text book .618 Fibonacci retracement (3) could be a 1.618 Fibonacci extension of (1) to (2) (4) could be a .5 Fibonacci retracement of (2) to (3) (5) coule be 1.618 Fibonacci extension of (2) to (3).
I personally find it hard to believe as I am a long term Bitcoin maximalist but... nothing is impossible in the crypto space.
Trade wurde manuell geschlossen
⋅
I closed my trade at least temporarily for the reasons mentioned on the graph below
Kommentar
⋅
Bulls are very weak
Kommentar
⋅
Bearish sentiment:
(a) BTC cannot maintain a price above Kijun Sen (red line) (b) Chipou Span (green line) is now out of any support