Pure technical analysis are saying just one thing: Bitcoin ready to explode.
Countertrendline broken and retested with multiple wicks and a new trendline is formed. Two Fibonacci retracements confirmations and moving averages crossed. Waiting for a manipulation wick to the 10,000 region before we start rocketing up. Cryptos are still young in the market and have a way very long road to go. Check my setup out and leave a feedback in the comments. Profit taking zones are market in green, fib retracements, wick regions etc.
#tradesafe #theforexdaddy #tfd
Countertrendline broken and retested with multiple wicks and a new trendline is formed. Two Fibonacci retracements confirmations and moving averages crossed. Waiting for a manipulation wick to the 10,000 region before we start rocketing up. Cryptos are still young in the market and have a way very long road to go. Check my setup out and leave a feedback in the comments. Profit taking zones are market in green, fib retracements, wick regions etc.
#tradesafe #theforexdaddy #tfd
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.