BTC Idea: May 19, 2022 (Fibonacci Analysis)
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Intraday Idea:
LONG
When price gets near, around & below $27K handle, look to buy. Targeting $30K handle
The .50 level of the Fib Retracement & .75 level of the Fib Resistance Fan act as static & dynamic support levels.
Price Target: $30,000.00 BTC
SHORT
When price gets near, around, & above $30K handle, look to sell. Targeting $27k handle
The .236 level of the Fib Retracement & .618 level of the Fib Resistance Fan act as static & dynamic resistance levels.
Price Target: $27,000.00 BTC
