BitcoinLong
The trend is your friend, and the trend is up.
This fib channel has been doing work.
It happens to have perfect confluence with the 9.6k weekly resistance.
So the idea is simple: we go to 9.6k, then a small correction to low 9ks - high 8ks, then 11.5k which is both on the weekly & monthly chart a big resistance level.
There are many ways to come to this conclusion, but this fib channel indicates it in a very clear and simple way.
Good luck, stay safe.
It happens to have perfect confluence with the 9.6k weekly resistance.
So the idea is simple: we go to 9.6k, then a small correction to low 9ks - high 8ks, then 11.5k which is both on the weekly & monthly chart a big resistance level.
There are many ways to come to this conclusion, but this fib channel indicates it in a very clear and simple way.
Good luck, stay safe.
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