BTC Momentum, How it could complete.
I will always look for confluence and price action to confirm my analysis.
Bounce from 0.382 Fib level would indicate good momentum and bulls in control.
If BTC retrace to 0.681 Fib level I would still look for buy entries as EMAs could act as dynamic support
and price action will confirm this idea. (Only trade with multiple confluence factors confirming your analysis)
Bounce from 0.382 Fib level would indicate good momentum and bulls in control.
If BTC retrace to 0.681 Fib level I would still look for buy entries as EMAs could act as dynamic support
and price action will confirm this idea. (Only trade with multiple confluence factors confirming your analysis)
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.