Репост из: a user
#XBTUSD Update 👌🏻🎯
As we see, the 0.5 Fibonacci level was tested two times early, and after the second attemp we got dumped harder.
Thats why i said better wait for a confirmation before do a long😌💸
Also, our short was huge.
Now, where we are?
You can see the trend lines getting closer, and every level was respeted on our TA.
Possible bitcoin escenarios:
1- Have an upside attemp between $11451 & 11507$ to get slowly dumped to the 10500\10569 level (IMPORTANT> Thats our 0.786 Fibonacci Level and the EMA200) 🕤‼️
2- Sideways beetwen 11200\11460 to get out of the trend lines channel and start trying upside targets✅❇️
My Professional advise is wait for now and get better waters to navigate, because for now i cant see a clear direction on btc.
Every position open in the actual market condition is Risky, also, you have our professional TA in the desk🙏🏻🔥
As we see, the 0.5 Fibonacci level was tested two times early, and after the second attemp we got dumped harder.
Thats why i said better wait for a confirmation before do a long😌💸
Also, our short was huge.
Now, where we are?
You can see the trend lines getting closer, and every level was respeted on our TA.
Possible bitcoin escenarios:
1- Have an upside attemp between $11451 & 11507$ to get slowly dumped to the 10500\10569 level (IMPORTANT> Thats our 0.786 Fibonacci Level and the EMA200) 🕤‼️
2- Sideways beetwen 11200\11460 to get out of the trend lines channel and start trying upside targets✅❇️
My Professional advise is wait for now and get better waters to navigate, because for now i cant see a clear direction on btc.
Every position open in the actual market condition is Risky, also, you have our professional TA in the desk🙏🏻🔥