BitcoinUpdated BTCUSD - Why the bottom is 100% in
This is such a strong support for the 4 following reasons:
1: Support on the Weekly 200EMA
2: Support on the 4.236 Fib extension from the previous bear market.
3: Support on the 0.786 Fib level from the last bull market.
4: Obvious volume spike.
If this does not hold, nothing will.
1: Support on the Weekly 200EMA
2: Support on the 4.236 Fib extension from the previous bear market.
3: Support on the 0.786 Fib level from the last bull market.
4: Obvious volume spike.
If this does not hold, nothing will.
Note
Let's take a second stab at 4050$ and seal the deal shall weNote
We took the stab. But the action is not bullish. I may have jump the gun here.New plan: wait for the breakdown which should be the final push and buy everything I can.
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