Trend Based Fib on BTCUSD Daily
This is a trend based fib that ive gone over multiple times on my channel and discord. Fib based on low of 6000 to high of 11788 down to 6417. This gives you beautiful test of the .618, .382, and just recently we failed the test of the .236. If this fib plays out and price cannot break 7784 then most likely we will see a full retracement to 6417. Need some more data from the next few days to confirm, but as of right now our supports are running thin.
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.