Given market conditions, selling now is illogical. Price is dominated by triangles. Accumulation time is necessary and it is important that the price does not fall below the global ascending channel. The denouement of this act will occur before the end of the year.
Just stretch Fibonacci grid to see how curiously the Fibonacci correction coincides with breakout target of the probable triangle at 48K.
Long. Live. RSI.
Just stretch Fibonacci grid to see how curiously the Fibonacci correction coincides with breakout target of the probable triangle at 48K.
Long. Live. RSI.
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Related publications
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.