Not sure if that means to buy but it would certainly seem that UJ is respecting this channel, most recently the support at mid line.
I don't trade crypto much anymore, but I see a textbook fib pattern playing out and have to see if it works out.. Usually when the 236 breaks as support a mass sell off the the extending 272 fib is reached.. We'll soon find out the fate of Bitcoin.
Textbook Fib work XAUUSD - I'm a Bull longterm and seeing fib patterns playing out.
Knowing what not to trade is just as important as know what to. I'm a Bull but I will switch my view if fib support breaks.
We are trying to break 145 fib currently.
Trend is bear and this could fail because so, but a break of resistance fib might surge price
Neckline break would signal short for me, otherwise I'll keep taking longs
It is always important to stray from Pig land. I'm a Bull here, but past 65 may be profitable for Bears...