As expected BTC/USD hit the key level of 7,800 and appears to be reversing. The trend in my opinion is still a sell. Based on fibonacci retracement possible TP1 at the 38.2 level 8,296 or TP 2 at 50% level of 8,431. Afterwhich I believe the sell trend will continue back to previous low and head to key level of 7,600 and lower possible. Please share your ideas and suggestions.
This trade idea is for educational purposes only. I am a student always.
This trade idea is for educational purposes only. I am a student always.