Bitcoin on the 1H time-frame
1. The price hit the target at Fibonacci level 423.6% that was all time high priced.
2. Then the price dropped to 161.8% to be created the lower high and going down again.
3. The downtrend should go to TP1:40995 and TP2:37900 accordingly.
4. Stop loss at the lower high priced.
1. The price hit the target at Fibonacci level 423.6% that was all time high priced.
2. Then the price dropped to 161.8% to be created the lower high and going down again.
3. The downtrend should go to TP1:40995 and TP2:37900 accordingly.
4. Stop loss at the lower high priced.
Note
Just following the plan.
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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.