BTC/USD 4H
Updated
hi guys.
after the first pump from 29K, the extension fibo got us proper and fine targets till now , we just reach the target and because the distance of the next target from here is a little high I believe we need a proper correction OR a huge amount of money and investing from whales or big institutions,
by the way from 29k till here we have about 70 % growth so if the correction scenario happens it would take 38 to 50 percent of it back or less.
so I hope you all saved some profit and watch the chart carefully.
if the yellow channel (a wedge shape ) will break we have our targets in pink line which any of them could be the reversal potential area.
the extension fibo also can help us to find good levels of knots.
this idea will attach in the comment section of previous idea
after the first pump from 29K, the extension fibo got us proper and fine targets till now , we just reach the target and because the distance of the next target from here is a little high I believe we need a proper correction OR a huge amount of money and investing from whales or big institutions,
by the way from 29k till here we have about 70 % growth so if the correction scenario happens it would take 38 to 50 percent of it back or less.
so I hope you all saved some profit and watch the chart carefully.
if the yellow channel (a wedge shape ) will break we have our targets in pink line which any of them could be the reversal potential area.
the extension fibo also can help us to find good levels of knots.
this idea will attach in the comment section of previous idea
Note
just updated 
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