Bitcoin - 12/14/19 - Sitting in the golden zone of the golden zone!! Will we jump?

in #bitcoin10 months ago

After a failed trade last post, as I tried to play the golden zone of the previous structure. However in my blog I warned against failure as we still have the golden zone of the larger structure. On the larger time frames we have finally entered that golden zone. Let's take a look!
chart121419.png
https://www.tradingview.com/x/n4VBOs3w/

Ok now let's zoom in to smaller time frames and see how we are also in the golden zone of the smaller wave here...
chart1214192.png
https://www.tradingview.com/x/c28DTrVV/

The "Golden Zone" is always been an area to see a reaction, hence why it's named the golden zone. Once again in crytpo we often see the .786. So there is a chance of more downward movement. I do see a huge reaction from this range though, time will tell! This is not financial advice, this is my trading journal. Good luck and good day!

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