BITCOIN Update >>> Sell on Strength

١٣ يناير ٢٠٢٢

BTC/USDT on a Bearish Trend for days, now price form a secondary reaction to the Exponential Moving Average 21 and 34 from daily cluster with 0.618 Fibonacci Retracement, wait for reversal bar to entry or a reversal pattern, if there is no confirmation then no trade for this setup. Price Target at Fibonacci Retracement cluster with Fibonacci Expansion (1.272 and 100% or 1.618 and 127.2%). Regular Bearish divergence make it higher probability for Bitcoin to drop more.

BITCOIN/USDT Signal
SELL >>> 45i83.50
SL >>> 47636.00
TP >>> 36198.75

R/R Ratio 1 : 3.6
Win Rate 58%

-Fibomic International-
BTCUSD

١٠ فبراير ٢٠٢٢

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