Bitcoin / Tether
Short
Updated

Bitcoin Fulfilled Fibonacci Extension: Coming Pullback/Reversal?

378
Take Profits:
9300,
8650,
8000
Trade active
SHORT with downtrend pattern/formation etc confirmation.
Note
Come on traders, give the thumbs up!
Note
Too early short call, 6H 3H
snapshot
Note
I underestimated taking into account MarketBaseline (Orange line) steepness upward rather than waiting for it to curve downward regardless of RSI (green line) line direction since MBL behaved as a representation of strong support as RSI retraced to MBL. I am now observing zone of ~$12,000 as higher likelihood of becoming stronger resistance.
Note
Personal Lesson: Take High consideration of MBL's steepness on higher time frame(s).
Note
Secret Learned? snapshot
Note
Current Theorized Situation: <deleted>
Note
Current Situation [FIXED]: <deleted>
Note
The above is an idea post not only a picture.
Note
Indicator recommended: Traders Dynamic Index
Note
This prediction will no longer be updated; Check out my recent ones tradingview.com/u/YardleyRosette/

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.