Bitcoin technical anlyst

By lil_raphi
Updated
After bitcoin big rally a correction was excepted, bitcoin bounced from the 0.5 fib of the overall uptrend, and from the 1.68 fib extension (from the top).

My trading plan:
I would like to see a reversal pattern, after that ill go long.
The chart say it all. lets see what he give us.

ill keep update the post.
Trade active
let see how bitcoin will resist the 200 MA on the 40K price.
Trade closed: target reached
bitcoin resistance is at the 200 ma on the 40K price. just Sold my position waiting on update.
Chart PatternsTrend Analysis

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