[BTC] Ramblings of a Fibonacci Trader
Excuse the mess, but I had to post this.
Historically we've always seen the price re-test new substantial highs. I predict a re-test upwards of 49k within the next 4-5 weeks.
Till then, expect the price to trend lower, potentially dipping below 38k (this is a solid buy-in spot) before re-testing.
Important things to note - we've approached (and tested) the 1:1 (midpoint angle) on the Gann Fan. Crossing and staying above this trendline means that 69k is achievable this year. If momentum fails, we risk a sell-off back down below 32k and can look at hitting 69 in 2025 again.
The plan: trade the re-test, sell the profits (like everyone else), continue short till 38K.
Historically we've always seen the price re-test new substantial highs. I predict a re-test upwards of 49k within the next 4-5 weeks.
Till then, expect the price to trend lower, potentially dipping below 38k (this is a solid buy-in spot) before re-testing.
Important things to note - we've approached (and tested) the 1:1 (midpoint angle) on the Gann Fan. Crossing and staying above this trendline means that 69k is achievable this year. If momentum fails, we risk a sell-off back down below 32k and can look at hitting 69 in 2025 again.
The plan: trade the re-test, sell the profits (like everyone else), continue short till 38K.
הערה
Price reached a low of 38,500.Currently approaching the re-test of 49k.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.