This is the second time BTC tested the 38% Fibonacci retracement, this time stochastic being overbought.
I will short when D% crosses below 80 with a stop limit at 7805, slightly above the last high.
Target price is $7246, the 23.6% Fib retracement.
I will short when D% crosses below 80 with a stop limit at 7805, slightly above the last high.
Target price is $7246, the 23.6% Fib retracement.
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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.