Long

Trend-Base Fib Extension Is A Magnificent Tool

Updated

Are you using the Trend-Base Fib Extension Tool to your trading advantage?

It simple and easy to use.

Empower your trades using this tool.

Happy Trading Everyone!

Ron

Check out the broader view of the Fibonacci Circle used in this chart:

Golden 61.8% Fibonacci Ratio Takes Us To $20.5K

Check out the potential short term outlook:

Note

Check out the broader view of the Fibonacci Circle used in this chart:

Note

The 61.8% Fibonacci Level is holding up.

Note

Price is still ranging at the 61.8% Fibonacci level and Bitcoin has the potential to launch from this level. Accumulation phase is almost complete. Bullish signals are firing now.

LONG Bitcoin Warming Up For The Launch - Candles Chart Version

Bitcoin Warming Up For The Launch - Line Chart Version

Warning! Never dismiss the possibility of a break to the downside.
Warning! Watch out for the FU move.

Best strategy for any scenario:
1. Place a trailing stop loss.
2. Never trade before the breakout!

Happy Trading Everyone.

Ron

Note

Price bounced off the 61.8% Fibonacci Level, and moving towards target of 161.8% Fibonacci Level.

Note

Price has met a strong resistance at 12K. Will price push up or drop? A drop to 10.8K will be a healthy move to bring in more buyers to push price up past the and get this rocket higher up.

Note

Be Aware! Bitcoin is now in a Bearish Rising Wedge.

Note

The 61.8% Fibonacci Level has been re-tested. Time for a bounce and a bull run!!!!

Note

Update:

Bitcoin Horizontal Triangle Repeating Cycles

RSibayan

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.