Please refer to our previous post:
If you look at the predictive fib model we presented in our last post, we are starting to get more accurate developments. Today we just saw another rejection at our 0.786 predictive fib level with a potential reversal doji.
That is now 3 touchpoints of resistance right around $120k (which is also inline with the 1.618 extension).
Therefore if price starts to decline the predictive price targets to the downside remain in place.
If you look at the predictive fib model we presented in our last post, we are starting to get more accurate developments. Today we just saw another rejection at our 0.786 predictive fib level with a potential reversal doji.
That is now 3 touchpoints of resistance right around $120k (which is also inline with the 1.618 extension).
Therefore if price starts to decline the predictive price targets to the downside remain in place.
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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.
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.