After the price reached the 1.14 level of the Fibonacci Retracement, I projected the Fibonacci Expansion to identify potential targets and decision zones.
Context:
The prevailing structure is a well-defined uptrend channel, reflecting a strong and consistent upward momentum.
Statistically, the zone between 1.0 and 1.14 Fibonacci levels often acts as a decision...
This is not an advise for investment.
This is just my idea based on EMA analysis about current BTC market price.
I would like to here your thoughts about this analysis.
I'm a noobie in TA.
Thanks to be kind!!!
