BTC bounce and Touch 10460 before breaking down
For my personal purposes only. As a control of my view.
I would be prepared for a short touch, probably wick on level 10400 - 10460 which is a Fib level too and a point where the triangle upper LINE meets. Will see how the price reaction will act on the place. We are looking for bullish candle and clear close throught.
Anyway i believe the whole triangle pattern will played out downside. Break throught 9500, test 8000 and quickly comes up after eating all sell orders in liquiditi pools.
Do you also like RSI? Which way do you usually use it?
Do you use FIbbonachi for confirming S/R levels?
Not a finacial advice.
Thank you for any feedback and comments.
MATT
I would be prepared for a short touch, probably wick on level 10400 - 10460 which is a Fib level too and a point where the triangle upper LINE meets. Will see how the price reaction will act on the place. We are looking for bullish candle and clear close throught.
Anyway i believe the whole triangle pattern will played out downside. Break throught 9500, test 8000 and quickly comes up after eating all sell orders in liquiditi pools.
Do you also like RSI? Which way do you usually use it?
Do you use FIbbonachi for confirming S/R levels?
Not a finacial advice.
Thank you for any feedback and comments.
MATT
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