BTCUSD : Bitfinex
Updated
Not an advice or something like that.
Fib circles : based on the first cycle
Fib channel : based on the first cycle
Now we are on the 2nd cycle, I think.
the bottom of the 2nd cycle has been supported by Fib circles 2.618.
BTCUSD is facing Fib 3.618 resistance.
It has not been conquered for several years.
Short-term view :
BTCUSD is trying to keep Fib channel 1 line. And BTCUSD maybe supported by the long-term Fib channel 0.886 now.
If it can close its monthly candle to over 10K or 10.5K, we can expect some more bullish push over the market, I think.
Or not, I think the bottom of the 2nd cycle has not been reached yet.
Anyway, some exchanges' are willing to delisting some of low profit coins or tokens to them now.
Be care when you buy something.
BTCUSD is staying at the very interesting/important zone these days.
Have Fun.
Take your own risk & get some money.
Fib circles : based on the first cycle
Fib channel : based on the first cycle
Now we are on the 2nd cycle, I think.
the bottom of the 2nd cycle has been supported by Fib circles 2.618.
BTCUSD is facing Fib 3.618 resistance.
It has not been conquered for several years.
Short-term view :
BTCUSD is trying to keep Fib channel 1 line. And BTCUSD maybe supported by the long-term Fib channel 0.886 now.
If it can close its monthly candle to over 10K or 10.5K, we can expect some more bullish push over the market, I think.
Or not, I think the bottom of the 2nd cycle has not been reached yet.
Anyway, some exchanges' are willing to delisting some of low profit coins or tokens to them now.
Be care when you buy something.
BTCUSD is staying at the very interesting/important zone these days.
Have Fun.
Take your own risk & get some money.
Note
Cycle 1.Bottom : 70
Top : 1171.3
Retracement : 0.886 from the top
Cycle 2.
Bottom 1222.4
Top : 19891
Retracement : 0.886 from the top
At Now :
testing 3.618 Fib channels
Testing Fib 0.618
MAs stand in line
CMF enter into the over zero area
NVT : Hidden bearish divergence is still valid from the ATH.
NVT shows red at 4H & daily chart.
Somewhere around 10.5k is very important area to the moonbois.
Let's see if BTCUSD could get to there.
Note
Note
Small correction.Very important rally for the moon.
Anyway, indicators show hidden bearish divergence since 17 DEC '17(ATH).
Good luck.
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