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BTC Fib Strategy
As I have pointed out before, BTC likes to bounce at the .886-1.13 and the .618 retracement.
Every retraced run has resulted in 100% accuracy of the predicted move within roughly 100pts
of the retracement mark. The retracement for 2 runs ago gave a nice bottom pattern within 100pts,
and now this leg up has come within 100pts of the .618.
The strategy is to project the fibs at the swing points and take a position
within 100pts.
BTC is also in a triangle. If I had to guess I would say it will proly result like the last one
(bull trap breakout and eventually breakdown).
Every retraced run has resulted in 100% accuracy of the predicted move within roughly 100pts
of the retracement mark. The retracement for 2 runs ago gave a nice bottom pattern within 100pts,
and now this leg up has come within 100pts of the .618.
The strategy is to project the fibs at the swing points and take a position
within 100pts.
BTC is also in a triangle. If I had to guess I would say it will proly result like the last one
(bull trap breakout and eventually breakdown).
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.