BTCUSD (bfx) is bouncing upward in the red and blue channels. It looks like a push to 160% fib is possible in days ahead (over 5000 USD).
Decent support at lower end of the blue channel and the 76% fib.. resistance at the upper end of the red channel and the 162% fib
Will be watching closely on shorter term charts as we near 5000
Decent support at lower end of the blue channel and the 76% fib.. resistance at the upper end of the red channel and the 162% fib
Will be watching closely on shorter term charts as we near 5000
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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.