BTC Not out of the woods yet. 23 MAR Update
Updated
Well, I haven't updated the Fib Circle for 3 days now, not even moved it.
The previous 2 charts were flawless. (yey)
For some reason, the previous chart was took down ( I think it was because I posted twitter link? No idea. But don't forget I got a twitter 'thou)
so I made another one for today.
The only thing I do on this chart right now is move around resistance and support levels for short term.
As you can see, BTC is being squeezed in this Fib Circle for 3 days and it's getting harder and harder to get out.
I see 3 resistances on the horizon before bulls can have a word with this market:
Resistances : 8550$, 8700$ and 8800$
Supports: 8150/8200$, 7900$ and 7500$
As you can see the resistances are right next to each other. It need a good volume and some buyers coming in to get past those.
Critical levels are in yellow squares.
I'm not gonna put order prices since that might have been what took down my last chart (?).
Just look at resistance and support levels :)
Thanks
The previous 2 charts were flawless. (yey)
For some reason, the previous chart was took down ( I think it was because I posted twitter link? No idea. But don't forget I got a twitter 'thou)
so I made another one for today.
The only thing I do on this chart right now is move around resistance and support levels for short term.
As you can see, BTC is being squeezed in this Fib Circle for 3 days and it's getting harder and harder to get out.
I see 3 resistances on the horizon before bulls can have a word with this market:
Resistances : 8550$, 8700$ and 8800$
Supports: 8150/8200$, 7900$ and 7500$
As you can see the resistances are right next to each other. It need a good volume and some buyers coming in to get past those.
Critical levels are in yellow squares.
I'm not gonna put order prices since that might have been what took down my last chart (?).
Just look at resistance and support levels :)
Thanks
Note
Well, it seems it (almost) reached all 3 critical points in one day. What a day....Trade closed: target reached
Well. ANother chart with 100% accuracy. Hope you used it
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