On the 4H, price as rejected right off the 0. 236fib.
05 Oct 2021, 07:52
On the 4H, price as rejected right off the 0.236fib. If we see another inverted hammer on this current candle, we might see BTC to retest the 0.382 or 0.5fib zones. Else, it will push the price up to the 53k zone.
I'm also watching the daily, as there's golden cross between the 50ma <blue> & 9ema <yellow>. Last time a successful golden cross was last July 26th and it pushed the price up to the 53k zone.