BTC / USDT 4h / SOL / USDT 1h / HIVE / USDT
Hello Crypto followers.
We are looking at BTC / USDT 4h. chart. As you can see, the king successfully broke the 23,6% level of Fibonacci and now the price is consolidating. Levels of 18.3k$ are very likely. There is still not enough buying pressure over the market to send the price around 25k.
As a profit we can look for positions around levels from 21k where is placed the Fibonacci line. Don't forget the SL. Mine will be placed around 19.6k$ and will jump on this trade with 1:3 Risk ratio.
SOL / USDT 1h
Lets check the cart of Solana
Currently SOL is in a clear downtrend. We use Fibonacci levels here as well. After "3 top " chart pattern, price dropped to 61.8% Level. In case that the price brake this level, we could expect it to reach levels around 50% / 38% of Fibonacci.
HiVE ๐๐๐
50% for one night is insane.
The price hit the 100% of Fibonacci and now we are expecting some pullbacks till 78% / 61.8% of Fibonacci. This is very good opportunity for opening a short positions for a fast profit.
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Let me know what are you thinking for the next price action of BTC ?
If you want to see TA for different Crypto Currency or Forex let me know in the comments and I will make sure to add it in the very next post.
Regards!
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