Bitcoin trend analysis
looking for a retest of the green uptrend line/50 ma to enter a short, 100 ma broke 200 ma holding as support
will start looking for long entrys around 4766 at 0.5 fib down to 4457 0.236 fib
the option of going long at 5350 is also there if we break out and target would be the 1.618 fib at 6074 but i think that is less likely
will start looking for long entrys around 4766 at 0.5 fib down to 4457 0.236 fib
the option of going long at 5350 is also there if we break out and target would be the 1.618 fib at 6074 but i think that is less likely
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