Will wait for confluence of a bounce or break from this simple HTF TL for the next potential trade.
We are in an interesting zone. watching for reactions for a break of range and potential trend reversal or continuation.
Given the respect the 0.75 fib speed fan was shown on the recent drop in price to the 41k area, and the responses we are currently seeing from the 0.618 on the uptrend that started late July. I will be keeping an eye out for the 0.681 speed fibs that will cross on Christmas eve eve (23rd) and the 0.666's that will cross on New Years Day for a possible range to one...
.681 speed fibs cross on Christmas eve eve (23rd) and the .66 on New Years day.. I wonder if BTC will range into one of these points before more price exploration?