BTC MOVING WITHIN AN ASCENDING CHANNEL?
This is an update from my last BTC idea, when I had discussed BTC possibly finding resistance a the 618 fibonacci level.
If BTC is to create a lower high, and continue to the upside (within the channel) my next target would be between the VAH (21.3k) and 1.618 (21.8k) fib extension region. Please see my bars pattern shown above.
Until BTC forms a lower high, my bias is still with the bears and am keeping my existing shorts open.
Disclaimer: Please note this is not financial advice and any ideas I share are for educational purposes.
If you feel you've received awesome value from my content, please like & subscribe. (for the algorithm?) :)))
If BTC is to create a lower high, and continue to the upside (within the channel) my next target would be between the VAH (21.3k) and 1.618 (21.8k) fib extension region. Please see my bars pattern shown above.
Until BTC forms a lower high, my bias is still with the bears and am keeping my existing shorts open.
Disclaimer: Please note this is not financial advice and any ideas I share are for educational purposes.
If you feel you've received awesome value from my content, please like & subscribe. (for the algorithm?) :)))