Bitcoin dropped perfectly to our support target, prepare for ano
Price dropped perfectly previously to our major support level. Now we’re seeing major resistance below 14120 (Fibonacci retracement, horizontal overlap resistance, bearish descending resistance) and a possible drop could occur at this level to push price down towards 11258 support (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (24,5,3) is seeing multiple resistance around the 94% zone onwards.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (24,5,3) is seeing multiple resistance around the 94% zone onwards.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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.