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Bitcoin
Updated

BTCUSD near term Support Resistance: Bitcoin price watch zones

1 351
Update to my ongoing analysis of BTC movement.
This plot is to map the nearby zones of interest.
Everyone wants retrace (me too) but wow bulls!


Note
Here we are, confirming and retesting the first two resistance zones snapshot

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Note
Bitcoin working its way through the resistance zones snapshot

Close up shows the PRECISE boundries forecasted by the Fibs snapshot

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Note
Testing each resistance zone and then accumulating at the zone below snapshot but this last and highest zone has caused the largest pullback. Lets see if buyers can push it back into the zone.

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Note
Bulls attacking the 5350 zone again, and getting rejected again but not as hard as last time (as one would expect) snapshot 5300/12 will be Bulls' First line of defense

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EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
FibonacciSupport and Resistance

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FibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.