Hello Bitcoin traders,
Bitcoin has been very bullish for the past two days, but always be ready for a correction because many signals show that it is still overbought (see my previous post for 4 signals).
With the Fibonacci Retracement, we see many moments where the principal lines served as support or resistance for the price. The price has now reached the "Golden Pocket" where reversals often happen.
We can expect the price to have a slight to medium correction before continuing its bullish rally.
Bitcoin has been very bullish for the past two days, but always be ready for a correction because many signals show that it is still overbought (see my previous post for 4 signals).
With the Fibonacci Retracement, we see many moments where the principal lines served as support or resistance for the price. The price has now reached the "Golden Pocket" where reversals often happen.
We can expect the price to have a slight to medium correction before continuing its bullish rally.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.