BTCUSD - A Slave to Fibonacci
Found this interesting...Bitcoin has been stair-stepping it's way through major Fib resistance and flipping it to support. If this trend continues, it looks like $10,150 is the next upside target. Plenty of resistance there too.
Note
Ran right up into the 50% level and pulled back. Could retrace as far back as the $9500 level which should act as support. I'm expecting some consolidation before the next push higher. The bull is back imo
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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.