XBTUSD 4hr Mex Chart: Bear case for the short term

24 thg 1, 2019

Watching some Fib levels that have seemed very relevant as we have been pretty much stuck at the mid range between $3450-$3550 for the past few days, with a few deviations. Currently short from $3570, with stops in profit. Would love to see another wick down to $3450 or $3405 for a stronger bounce to get through to at least retest some of these higher levels for quick scalp. Also not ruling out revisiting some of these lower levels at $3356, $3282, $3200 or even $3120. Wouldn't really expect to see those lows until Sunday or Monday, but you never know.