BTC Fib Channel: Parallel Trend Line Resistance Touch
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Projecting a line parallel to the fib channel from a previous resistance. Seems to have reacted to the trend line projection. Could be temporary. Could retest the bull trend line ~40k.
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42-43k more likely imo评论
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TradingView messes with my trendlines all the time, that's why some of them aren't exactly parallel. Always having to reset them.评论
Cleaned up the trend lines. That 1.618 extension is in line with this 4 hour candle. 评论
Rather, it crossed the 1.618 this 4 hour candle评论
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If we mega bull this is a target 评论
Back at the trend line 评论
Breached 评论
see how it looks at candle close评论
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A more reasonable target:评论
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