This channel is simple and will tell us the short-term... and maybe even long-term direction.
The 1.414 FIB is having an obvious impact.
If it falls below this yellow uptrending channel, then the $70k re-test is likely.
Below that, we're talking $50k and $30k.
After $30k... I don't care!
Above its current all-time high, $170k and $220k. It could do that within this yellow channel.
Just follow the lines ;)
The 1.414 FIB is having an obvious impact.
If it falls below this yellow uptrending channel, then the $70k re-test is likely.
Below that, we're talking $50k and $30k.
After $30k... I don't care!
Above its current all-time high, $170k and $220k. It could do that within this yellow channel.
Just follow the lines ;)
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