The 4-hour chart #shows that the bears are trying to defend the 61.8% Fibonacci #retracement level at $0.46 and the bulls are buying the dips to the 20-EMA.

Marking an end to weeks of #retracement, the alt season bounce could see February’s AI rally #supercharge if bulls can crack ongoing resistance at $0.50.

Of #particular interest is $21,800, should a #retracement kick in, with DecenTrader eyeing $30,000 as a potential upside target.

If the price turns down from this overhead zone, the sellers will again try to deepen the #correction. If the $0.67 cracks, the next support is at the 61.8% #retracement level of $0.58.

There was a move above the 61.8% #Fib #retracement level of the downward move from the $1,671 #swing high to $1,558 low.

Van de Poppe was #already betting on the "end stage" of Bitcoin's current #retracement, with $20,500 the key level for bulls to hold.

to cross above $0.0000132, a 38.2% Fibonacci #retracement level. Under this, #Shiba Inu is likely to gain immediate support near the $0.0000126 level

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

Add to that those concerns mentioned above that #Bitcoin is long overdue for a more significant #retracement than those seen in recent weeks

switch from Bullish to #Bearish due to the current #retracement

Gold, too, disappointed those hoping that a #retracement would set in after weeks of #impressive returns.

Gold, too, disappointed those hoping that a #retracement would set in after weeks of #impressive returns.

Elliott Wave theory states that the 20%, 38.2% and 50% Fibonacci #retracement levels are of particular #importance in Wave 4.

Analyzing levels to hold in the event of a broader #retracement, on-chain #analytics resource, Material Indicators identified the 21-week moving average (MA) at $18,600.

Contrarily, a break and close below $0.28 could #pull the pair down to the 61.8% #retracement level of $0.26.

This level may again act as a #barrier but if crossed, the rally could extend to the 50% Fibonacci #retracement level of $23.40.

On the 4-hour time frame, #BTC is positive due to an upward channel, so a close above $16,775 could trigger a #retracement.

A breach of the 61.8% Fibonacci #retracement level could see KSM rising to #new yearly highs in the coming days.

The Fibonacci #retracement levels to watch out for are 23.6%, 38.2%, and 61.8%. #crypto

This, he #noted, was “Deeper than the -31% #retracement in March 2020.”