This is an over lay from the reaccumulation range we saw in the 2016 run up at the same 2.272 fib extension.
if we did the same move now...
It would push to 46k form here.
Bull trap everyone calling for 50k +
Then pull back to 29k sweep the lows here then send again
if we did the same move now...
It would push to 46k form here.
Bull trap everyone calling for 50k +
Then pull back to 29k sweep the lows here then send again
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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.