I used a previous fractal for the overlay. Timing is matched to the BTC chart I posted previously. The overlay is drawn to align with fib retracement.
Note
The way that orders are coming in, and the way Bitcoin is moving, it looks like we're going to go lower. Hopefully, the bleeding stops at the end of the fib retracement and we form a double bottom:
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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.