[4 Feb] Bitcoin Analysis: Eyeing 261.8% Retest
Looking at today's candle, we can see that price level made a clean rejection off 38930 resistance without any form of breakout yet. Price level is also currently under 261.8% fib level where it failed to continue its BULLISH momentum to test the next fib level (361.8% fib level). As of now, I will be eyeing on another retest to 261.8% before going for a short trade towards the support level. Definitely, you can choose to execute a small trade now.
I will like to let you guys know that YGForex will be working towards providing cryptocurrency signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
I will like to let you guys know that YGForex will be working towards providing cryptocurrency signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
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