Here again is that pretty indicator called the fib circle - and see where the red pointing finger is ? That would seem to be the top of this move if I have my circle fit correctly .Because we would be coming to the edge of that pink Circle line and would normally follow the line down a bit at that point , into the next circle ( the purple one ). I think this Circle fits quite well but you never know . Bitcoin can be extremely volatile and some people are calling for 13k or 14k . That is always possible but we also hit that TD Seq9 in green on our candlesticks and that usually means we will see retrace or downside . We should know within a week if this fib circle will actually hold or not . Also remember there is a CME futures gap below us around 96xx
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😃 Join shimmeringpath's friendly free
Telegram chat here : bulls and bears both welcome !
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Telegram chat here : bulls and bears both welcome !
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.