It is a short cycle bitcoin chart with strong rebound and resistance breakthrough.
If price come down, I will find out a good place to approach Daytrading.
First, it is the Fibonacci 38.2% price range of $ 7100 for the low and high points of the bit coin that is giving the current adjustment.
This price range is a place where you can give various meanings. It is the place where the breakdown of the resistance occurs, and if the price drops, you have to see if the resistance changes into support.
It is a charming price range because it gives a lot of meaning.
Let's see the wave this time.
Calculate day trading target price.
The first wave view is marked in red.
The second wave perspective is shown in blue.
As for the approach to the day trading, you should proceed with the trading mainly on the altcoins whose price fluctuation is severe.
The stoploss is priced at $ 6750. Fibonacci retracement is a price range that completely deviates from 61.8%.
If my analysis was fun or helpful, please comment :)
If price come down, I will find out a good place to approach Daytrading.
First, it is the Fibonacci 38.2% price range of $ 7100 for the low and high points of the bit coin that is giving the current adjustment.
This price range is a place where you can give various meanings. It is the place where the breakdown of the resistance occurs, and if the price drops, you have to see if the resistance changes into support.
It is a charming price range because it gives a lot of meaning.
Let's see the wave this time.
Calculate day trading target price.
The first wave view is marked in red.
The second wave perspective is shown in blue.
As for the approach to the day trading, you should proceed with the trading mainly on the altcoins whose price fluctuation is severe.
The stoploss is priced at $ 6750. Fibonacci retracement is a price range that completely deviates from 61.8%.
If my analysis was fun or helpful, please comment :)