BTCUSD Breakdown Below 116,500 – Watching 61.8% Fib Retracement

BTCUSD has broken down below the 116,500 level on the 4-hour timeframe. It’s best to wait for a potential sell entry near the 61.8% Fibonacci retracement of the last bullish wave. Stop-loss and take-profit levels are shown on the chart

İşlem aktif

As anticipated, BTCUSD has now reached the 61.8% Fibonacci retracement level of the last bearish wave, exactly where we marked a potential sell entry in yesterday’s post. This level is acting as a key resistance zone.

MahmudReyadh

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

MahmudReyadh