BTC/USD - After yesterdays huge drop we saw price touch 30K where the fib extension target was located. On the 4hand the 1 day timeframe we saw price in hugely oversold territory. We now have a cluster of Fibonacci targets between $46 and 50K which coincides with the cluster of price action that took place before the dump. Support located at 30K. If you liked my idea, follow me for more 🚀
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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.