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If we break $9,000 - I can see a volatile move towards $7,200 which is the %61.8 fibonacci retracement level.
It is probably your best interest to wait for the Daily Candle closed. I will make sure to update tomorrow's daily trend here as well SO
SMASH THAT LIKE BUTTON TO GET NOTIFIED WHEN I DO
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a COMMENT if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
- As you might know, we had short position as entry at $10,900.
- We are moving out stop to trailing at $10,540
- Our first target is sitting at $9,900, second target is around $9,000. Final target is at $7,200.
- Potential reversal zone for buyers is sitting between $10,000 and $9,000.
- Potential reversal zone for sellers is sitting between $11,133 and $10,752
If we break $9,000 - I can see a volatile move towards $7,200 which is the %61.8 fibonacci retracement level.
It is probably your best interest to wait for the Daily Candle closed. I will make sure to update tomorrow's daily trend here as well SO
SMASH THAT LIKE BUTTON TO GET NOTIFIED WHEN I DO
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a COMMENT if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
Ghi chú
Trend Caller Closed with a Bullish Signal for today's bar!Ghi chú
If the 4 hour chart closes like this, this M formation will be confirmed. The next target would be below 9k levels for the Bears.
I think it would be in everybody's best interest to let this play out.
Ghi chú
We are taking profits around $10,130 level (2.53%), and also moving our stops to our initial entry at $9,878! If we can break above $10,155, the swing trade will be on with final target at 10,412 and stops around $10,042.Ghi chú
Bull and Bear scenarios are explained here...Ghi chú
Ghi chú
Can we break the latest trendline? 
Telegram Here t.me/bugrasukas
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Telegram Here t.me/bugrasukas
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.