First BTC/USD Chart - ***Feedback Welcomed***
So this is my first published chart work on Trading View.
Using the fibonacci tool, I see the price action hit the 0.0% on 11/4 and then spiked close to the -27.0% on 11/7
Then after dropping down to the 61.80% and testing that zone for a couple of days before a spike down to the 78.6%
all while pretty much respecting the trend line and counter-trend lines.
So we should close the day right around $6305 (61.8-% FIB) and then attempt to move slightly higher to the $6380-$6400 region to align with the 18EMA
Let me know your feedback on how you think I did or what areas I can improve.
Using the fibonacci tool, I see the price action hit the 0.0% on 11/4 and then spiked close to the -27.0% on 11/7
Then after dropping down to the 61.80% and testing that zone for a couple of days before a spike down to the 78.6%
all while pretty much respecting the trend line and counter-trend lines.
So we should close the day right around $6305 (61.8-% FIB) and then attempt to move slightly higher to the $6380-$6400 region to align with the 18EMA
Let me know your feedback on how you think I did or what areas I can improve.
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