Trend-Base Fib Extension Is A Magnificent Tool

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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.

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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.

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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.

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

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

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Update:

Bitcoin Horizontal Triangle Repeating Cycles

RSibayan

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RSibayan