this analysis is based on LINEAR REGRESSION combined with fibonacci retracement. on 30Min chart, market just touched the resistance level of the linear regression at point 156.950 which is also the 0.618 fib level. i'm expecting a bear run down to 155.484, which would serve as my first TP. NOTE: this is not a financial advice. please follow and leave a comment...
rejection could be seen clearly at 0.618 fib level. if resistance holds, expect a bearish move down to 153. please follow if my idea was helpful. and leave a comment, thanks.
here, price has successfully retraced at 0.618 fib level, expect a continuation up to 0.91585
price broke ascending channel, and has retested. expect a drop down to 153.
Falling wedge completed on BTCUSD. Retest expected. Target 44144