BTC closed candle on 4hour above recent .618 fib level @41,500

6 ก.พ. 2022

Potential for price to respect the most recent 4 hour candle closure as a "buy break" at my .618 fib level- 41,500.

Price has now potential to go up to the next fib level @ 43,500 before a major pullback.

There has not been a full candle closure above this level on the daily so price stays in a slightly uncertain position.

I want a full candle closure below 41,300 as confirmation before I will short to 39,100