Let's keep it short and simple!
Based on the trend based Fibo taken from the prev ATH 64986 and to the recent ATH 69198. BTC has touched the 1 of Fibo so perfectly and went up to retest all the main Fibo levels!
After the bounce from 1 of fibo (32900), BTC formed an ascending triangle which made a push higher to 0.618 level but unfortunately couldn't stay above it (46766 USDT).
I believe DXY - Dollar index is showing some weaker sign which may let crypto market go for a relief run!
I'm marking the first target the retest of 0.618 of Fibo (46766) the Red box!
and second target as 0.5 of Fibo (51049).
Let the success continue :)
Total no. of Analysis : 10
Successful trades : 7
NPNL : 1
Stop Hit : 1
Lost : 0
In Progress : 1
Cheers!
Based on the trend based Fibo taken from the prev ATH 64986 and to the recent ATH 69198. BTC has touched the 1 of Fibo so perfectly and went up to retest all the main Fibo levels!
After the bounce from 1 of fibo (32900), BTC formed an ascending triangle which made a push higher to 0.618 level but unfortunately couldn't stay above it (46766 USDT).
I believe DXY - Dollar index is showing some weaker sign which may let crypto market go for a relief run!
I'm marking the first target the retest of 0.618 of Fibo (46766) the Red box!
and second target as 0.5 of Fibo (51049).
Let the success continue :)
Total no. of Analysis : 10
Successful trades : 7
NPNL : 1
Stop Hit : 1
Lost : 0
In Progress : 1
Cheers!