BTC Fib Channel: Parallel Trend Line Resistance Touch
Actualizado
Projecting a line parallel to the fib channel from a previous resistance. Seems to have reacted to the trend line projection. Could be temporary. Could retest the bull trend line ~40k.
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42-43k more likely imoComentarios
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TradingView messes with my trendlines all the time, that's why some of them aren't exactly parallel. Always having to reset them.Comentarios
Cleaned up the trend lines. That 1.618 extension is in line with this 4 hour candle. Comentarios
Rather, it crossed the 1.618 this 4 hour candleComentarios
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If we mega bull this is a target Comentarios
Back at the trend line Comentarios
Breached Comentarios
see how it looks at candle closeComentarios
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A more reasonable target:Comentarios
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