Looking at BTC on the daily chart
Looking at an AB=CD correction
Looking to go long in the green zone between the 618 and 786 fib
Also have a fib extension target between the 1.445 and the 1.618
Big notch in VPVR than needs filling
Volume is low, need to figure out who's driving the bus
Willy wants to roll over
OBV wanting to do the same but would like to see more structure
Histogram still looking ok but if we break the previous low we will go lower in price
If you want to short or long you have come a bit to late to the party. I be waiting for more market structure to confirm weather this is a bull or a bear.
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
Looking at an AB=CD correction
Looking to go long in the green zone between the 618 and 786 fib
Also have a fib extension target between the 1.445 and the 1.618
Big notch in VPVR than needs filling
Volume is low, need to figure out who's driving the bus
Willy wants to roll over
OBV wanting to do the same but would like to see more structure
Histogram still looking ok but if we break the previous low we will go lower in price
If you want to short or long you have come a bit to late to the party. I be waiting for more market structure to confirm weather this is a bull or a bear.
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)