True Support and Resistance BTC | December 31st 2018
Daily-Weely Support and Resistance
Look for short term grind lower then a retest of 50 day moving average with a most likely failure then a then drop back to .618
Medium timeframe-Levels to watch for are 4.3k and 4.7k.
Weekly-Once rejected true turmoil we start. Will need to test 3.1k. If breaks look out.
2 month time frame at least for possible true test of bottom
Look for short term grind lower then a retest of 50 day moving average with a most likely failure then a then drop back to .618
Medium timeframe-Levels to watch for are 4.3k and 4.7k.
Weekly-Once rejected true turmoil we start. Will need to test 3.1k. If breaks look out.
2 month time frame at least for possible true test of bottom
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