Fibs and trendlines breakouts on chart. Breakouts have been an easier way to trade cryptos or look for entries. Trying to pick tops and bottoms is much harder and expensive for something that has this much volitility. Ensure you use safe pecentages of portfolio and leverage for your trades.
Good luck!
Good luck!
Note
14,500/14,000 next... then watch for 13,000Note
A nice .707 fib reversal... next watching for .618 or .707 plus top trendline to either hold or break. If it holds and reverses we'll watch previous support areas as well as fibs 88.6 and 100% or deeper... good luck and happy holidays. Note
Nice bounce off of top trend...Note
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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.