Examining the current uptrend and price levels of L&S entries.
The cycle of previous uptrend and correction have golden ration of time.
Currently price is at fib 1.236. If correction doesn't happen right here, then we're looking at the subsequent TimeFib for a correction to cool down the market for the new wave of bullish participants of the market.
Seems like all the attempts of bears to push the price even lower have failed and market shows signs of breaking out of mid-term range.
The bigger TF suggests bottoming of btc. The long-term targets are at intersections of future closing price and upcoming Fib Channels.
The cycle of previous uptrend and correction have golden ration of time.
Currently price is at fib 1.236. If correction doesn't happen right here, then we're looking at the subsequent TimeFib for a correction to cool down the market for the new wave of bullish participants of the market.
Seems like all the attempts of bears to push the price even lower have failed and market shows signs of breaking out of mid-term range.
The bigger TF suggests bottoming of btc. The long-term targets are at intersections of future closing price and upcoming Fib Channels.
