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BTC (Y26.P2.E1). key level and why I will be shorting

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Hi traders,

If history repeats, either the Avwap plays the main resistance (I'm expecting a pullback from it, if however if it gets above, it will be our neckline for the Failed Auction scenario. I'm thinking history might repeat and the POC along with the VAL and 618 to .068 is the main resistance zone. 0.68 would be ideal because 0.618 wasn't in the past.

This rally ends and it could be an indicator for much more like the stock market tech sector also dropping as it gets over extended.

Time will tell and I would be a legend if I get this right because noone approaches the market like do when it comes to using fibonacci. in this case.


Cheers,
S.SAri

Trade ist aktiv
It is the most contested ideas here, bullish or bearish. Historically its bearish however our weekly RSI leans more to the bullish side.
What I place here on the chart are key levels to watch.
Short term, we are definitely like to see more lows.

Snapshot

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