BTC | A deep 78.6% retracement
The market had a big pullback yesterday, which was a bit different from our expectations.
Though Looking at the fib, I think it's just a deep 78.6% retracement. In the short-term trend, BTC will remain bearish. It is expected to remain unchanged from the previous low. The $22,400 level is supported by an uptrend line.
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Good luck~☘
Though Looking at the fib, I think it's just a deep 78.6% retracement. In the short-term trend, BTC will remain bearish. It is expected to remain unchanged from the previous low. The $22,400 level is supported by an uptrend line.
If you like and support our analysis, please give us a like and leave your comment.😘
Good luck~☘
Note
Currently, BTC has fallen to $22,800, falling faster than I expected. The price may touch the uptrend line early, stopping at $22,200.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.