BTC Finds Support at Fibonacci 3 Level with Bullish Divergence
"BTC Finds Support at Fibonacci 3 Level with Bullish Divergence, Eyes Fibonacci 5 and Beyond on Breakout"
Bitcoin has found support at the Fibonacci 3 level (24,979), where a daily bullish divergence has emerged. If Bitcoin manages to break through this diagonal resistance, we may anticipate a rise towards the Fibonacci 5 zone (30,784), and further bullish momentum could potentially take it to the Fibonacci 8 zone (39,493).
Bitcoin has found support at the Fibonacci 3 level (24,979), where a daily bullish divergence has emerged. If Bitcoin manages to break through this diagonal resistance, we may anticipate a rise towards the Fibonacci 5 zone (30,784), and further bullish momentum could potentially take it to the Fibonacci 8 zone (39,493).
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.