Bounce BTC Retracement to 0.382 - More to go? Or stop?
Bitcoin has retraced part of the big drop we suffered however only to the 0.382. This could mean a stop in its direction and continue down or it could go up higher. Too early to say at the moment on the 4 hour, appears to be in a no trade zone.
We suggest waiting to see if it breaks above this fibonacci zone as these usually hold the strongest in forms of resistance or support.
We suggest waiting to see if it breaks above this fibonacci zone as these usually hold the strongest in forms of resistance or support.
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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.