I want to take a closer look at Bitcoin's price weekly logarithmic chart.
This is my view of Bitcoin right now.
we look at bitcoin in several ways.
1- Long term channel (purple)
2- Short term channel (green)
3- PRZ - fibo retracement and extention
most powerfull PRZ zones: $22000-$23000 and $11000-$11600
4- Head and Shoulders = it's target is about $18000
5- also last ATH (about $19000-$20000) is a strong Support
so my buy zones are: $22000-$23000 & $18000-$20000 & $11000-$12000
This is my view of Bitcoin right now.
we look at bitcoin in several ways.
1- Long term channel (purple)
2- Short term channel (green)
3- PRZ - fibo retracement and extention
most powerfull PRZ zones: $22000-$23000 and $11000-$11600
4- Head and Shoulders = it's target is about $18000
5- also last ATH (about $19000-$20000) is a strong Support
so my buy zones are: $22000-$23000 & $18000-$20000 & $11000-$12000
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.
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.