BTC low risk short
Daily reject again by the 20 EMA, lower high. No breakout on the RSI trendline.
1H looks like a bear flag rejected between 0.5 and 0.618 Fibonacci levels with a potential measured moved target of ~30200$. Targets lines up with Fibonacci extension 1.618.
We could be forming some sort of bullish cypher but it is still in development on the daily.
1H looks like a bear flag rejected between 0.5 and 0.618 Fibonacci levels with a potential measured moved target of ~30200$. Targets lines up with Fibonacci extension 1.618.
We could be forming some sort of bullish cypher but it is still in development on the daily.
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