Welcome, I don't post much on here and am pretty new to the market but here is my look on the potential short profit taking opportunities! The Fibonacci sequence is quite powerful. I feel these might encourage some price bounces so I'm being careful and moving my stop losses down to lock in profits. The golden ratio .618 is what i really have my eyes on, where we hopefully will have a healthy consolidation area around this golden price then make our way back up, and flip on that bear to bull switch ! Just my 2 Satoshis ! :)
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Well we seems have gotten rejected from the .236 fib (11k) looking to hold .382. I still stand by the targets if we happen to break this fib level. We shall see!
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Waiting for a drop to around 8700 to take profits!