BTC/USDT Binance
Updated
BTC/USDT Binance
4H hollow candlesticks
After a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle.
As there are also new Support & Resistance points.
From here, we can conclude the following:
It is worth noting that the volume has increased significantly.
Market Cap: 1.65T -0.04%
24h Vol: 45.94B -7.70%
Dominance:
BTC: 52.3%
ETH: 16.3%
Good Luck
#CryptoHellas Team
4H hollow candlesticks
After a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle.
As there are also new Support & Resistance points.
From here, we can conclude the following:
- At the end of the Ascending triangle, there will be a price break out.
- The price must break the golden ratio of the Fibonacci channel so that moves to higher levels.
- We can see a hypothetical price future move from a repeated previous move (Bar Pattern / Fractal) from early November 2023.
It is worth noting that the volume has increased significantly.
Market Cap: 1.65T -0.04%
24h Vol: 45.94B -7.70%
Dominance:
BTC: 52.3%
ETH: 16.3%
Good Luck
#CryptoHellas Team
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4H hollows
The price closed right at the Support Level, which is also the extension of the golden section of the Fibonacci Retracement.
Fractal (Bar Pattern) predicts future price movement.
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4H hollows
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