retest the line and buying opertunity to go up again.
next I am seeing two path. It's now on the market.
I am risking here for a long Let's see if the Fibonacci level and ABC textbook correction works.
I don't know if it is abcdefghi..... and so on. but seems like maybe time for correction soon.
With all my bullish bias, the bigger picture is really disappointing for me. what you guys are seeing. please share what you are seeing technically. is it ABC correction? by the way b wave in it also completes the wave pattern and C is forming, which is a good sign for bullish bias?
don't know what it is but seems promising, actually fib levels 0.5% and 61.8% of last day candle are really good to watch and take the trade. rest decide for yourself
seeing a good triangles and hoping for the next move on 4h. )))))
taking chance on short, anyhow its strong bull market and not recommended. fib levels recommending to wait for the 1.161. however will bear the loss if crosses above 1.414 level.
I am seeing a good demand zone on M>W>D timeframe. anyhow fib levels and EW in my view still unconfirmed. will wait to buy on 4H long signal.
That is so difficult and dangerous to take a position against the market trend. BTC is still extremely bullish. However I am seeing a pattern for reversal. I will here take risk in respect to Mr. Fibonacci and technical authors of hormonic patterns with tight stop loss.
if it is abcd, it will return 1860 area, and return to 1807 to complete D. if it is H&S we are going to 1920 area. circles are where we need to be focused. ranging is most probably. 1835, daily fib level is most probably the area if broken on daily time frame, we are going upward.