Updated

Correlation between Fibonacci projections & events in BTC

Interesting to see how price stops at Fibonacci projections during these kind of events.

Note: Trade at your own risk, this is an especulation.

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Possibilities to go

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Fractal found

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Price can bounce from here to 6900

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1st bottom soon

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Price touched 1.618 extension of 2$ to 4800, Fann indicated is acting as support

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Next Fibonacci target is 8600

carlosdelagarza

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carlosdelagarza

Also on:

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.