Wanchain / BitcoinUpdated WANBTC Fibonnaci
WANBTC Fibonacci Supports
Note
On this 4h chart, we bounced off support around the 0.786 fibonacci retracement and broke out of the downward trend.We might have just formed the pole of a bull pennant. Let's see if we consolidate here before another move up.
Note
It looks like a bull flag has formed on the 4h chart, with support at the 0.5 fibonnaci retracement:
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.
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.