Bitcoin Short Term Buy Idea Towards Key Resistance Zone
Updated
H1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.
Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
Bullish divergence.
Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.
Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
Comment
The short-term bullish move towards the key resistance zone happened exactly as per the plan!
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.