The Most Important chart for me..

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When something goes over all time highs. One reliable indicator you can use is Fib Extension to see where could we face a pullback. Fibonacci is all about the structure presentation. So i have applied it to all time weekly chart. I have seen btc making pullbacks to previously monthly close many times. Currently previous monthly 33137. 53747 is fibb level up where we can expect a pullback which is not far away. But if it breaks above that level i will expect very parabolic move up to next level which is close to 73000.

I have put a Fixed range volume profile showing POC at 1300 range.

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ملاحظة

This was my previous idea on btc

٥ مارس ٢٠٢١

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٥ مارس ٢٠٢١

ملاحظة

went long here with .20 stop