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Pullback or downtrend?
Bitcoin
Pullback or downtrend?
By fibonacciaustrian
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Feb 10, 2020
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Feb 10, 2020
BTC taking a much needed break after days of buying. We are seeing a test of 9700 to 9600 price zone.
Hit like, share, or comment if you like the work.
This is not yet a downtrend, if price closes under $9670, then expect more downside.
This price point is also a potential bounce as it was on FEB 5th 2020 when price moved up from $9245 and hit 10192 on the Feb 9th.
This is the 1H chart, however, I only trade the 2H chart, which has not confirmed a downtrend or major dump as yet.
Happy Trading,
FIBAUS
Beyond Technical Analysis
Trend Analysis
fibonacciaustrian
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