This is not a financial advice and please trade based on your research and analysis.
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Last time I wrote my idea to be bearish because the daily indicator was heading to the downside.
However, bitcoin tried to break the resistance line one more time. (However, it failed to get above it)
So, I'm still looking for the downside but I think it won't go down more than 0.382 fib level.
Lastly, since there has been weeks of side actions, there will be some big volatility expected in the next 1 or 2 weeks.
If you have any ideas or comment, please leave it down below.
Thank you and be always be careful on your trading!
-----------------------------------------------------------------------------------------------------
Last time I wrote my idea to be bearish because the daily indicator was heading to the downside.
However, bitcoin tried to break the resistance line one more time. (However, it failed to get above it)
So, I'm still looking for the downside but I think it won't go down more than 0.382 fib level.
Lastly, since there has been weeks of side actions, there will be some big volatility expected in the next 1 or 2 weeks.
If you have any ideas or comment, please leave it down below.
Thank you and be always be careful on your trading!