BTC - Possible modes!
Wow! We have great long term fib channel with valid encounters for BTC in daily timeframe. We can see three support areas and two resistance areas;
First support area is in 46,000 - 47,500$
First resistance area is in 53,000 - 54,500$.
BTC have possible modes;
Bearish mode is blue line or black line path.
Bullish mode is orange line path.
We have one target in all possible modes and Target is 80,000$.
MACD will going to rise and in RSI we have a black down trendline.
Just be patient.
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