#BTC #H4 Chart # Important point
As we can see the BTC H4 Chart is testing very important point at Fibonacci retracement 61.8% at 58.000, also tesing the down trendline from highest at 65.000 to lowest at 47.000, It a very important how the price action here may define the way BTC go south or north.
Trading plan 1: BTC break out 58.000 and restest then we can long at 58.000 Target ALL TIME High at 65.000
Trading plan 2: BTC fail to break out 58.000 , go south and from shoulder head shouler . then it confirm a Short to 47.000 and further
Trading plan 1: BTC break out 58.000 and restest then we can long at 58.000 Target ALL TIME High at 65.000
Trading plan 2: BTC fail to break out 58.000 , go south and from shoulder head shouler . then it confirm a Short to 47.000 and further
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.