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six19trading
29 de Jul. de 2020 22:18

If anyone cares about fibs .... Largo

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Descripción

I draw my fibs using line charts since they use the close only
Since it was done that way I take the last macro higher high from the entire trend of 3 years which is right below 20k
This brings the .5 right above where price is currently
Its a good sign that price is consolidating right underneath since its basically knocking on the door
What do you think??
Comentarios
Altlantis
Yes I think it is having a hard time penetrating this level. Getting sold into. I like the chart very easy on the eyes and simple yet complex enough
six19trading
@Altlantis, thanks for your feedback. As long as it holds above 10.5 I am still bullish
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