Hi all!
BTC has dumped as projected, fortunately, not so bad as projected. After hitting 161.8% Fib Extension, it bounced and took 100% Fib Extension as resistant. The thing is that a side way trend are forming between Fib Ext. 100% and Fib Ext. 161.8%.
1D chart has had 4 red bars, another 5 rarely happens, you know. However, Stochastic and RSI are still on their way to the over sell level. So, I forecast that today we will have a pin bar, and it mean that SW trend is the main trend of the day!
Let's see what's next!
BTC has dumped as projected, fortunately, not so bad as projected. After hitting 161.8% Fib Extension, it bounced and took 100% Fib Extension as resistant. The thing is that a side way trend are forming between Fib Ext. 100% and Fib Ext. 161.8%.
1D chart has had 4 red bars, another 5 rarely happens, you know. However, Stochastic and RSI are still on their way to the over sell level. So, I forecast that today we will have a pin bar, and it mean that SW trend is the main trend of the day!
Let's see what's next!