Trading recommendations:
According to the H4 time - frame, I found that BTC reached my yesterday's target at $4.866. Anyway, I still see strong downward presure on BTC, which is a sign that buying looks very risky. I have placed Fibonacci expansion to find the next downward target and I got Fibonacci expansion 161.8% at the price of $3.254. Watch for selling opportunities.
Support/Resistance
$4.866 – Intraday resistance
$4.191– Intraday support
$3.254 – Objective target
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