is it does next resistance is 38.2 at $6900. RSI double topped . i ll keep my SL tight (again....)
it seems that shorters have still a lot to say . next step is rebound on the legendary 5900 resistance .
Basic trend, support and resistance lines evidently confirms the strong 61.8 fib level at $7500. I see another bounce on the legendary $5800 support level before the Bulls return for good by breaking the 38.8 fib level. keeping my SL very tight.
take a minute to look at the shart
Huge hourly candle. will post a more in depth analysis later . keep an eye on your ALTS.
DYOR . take a minute the look at the fundamentals of this one
If you havn't got yours yet the buy zone is before 4.25.
Hold your horses you bulish traders . lol . Just take a look at previous $BTC pumps how similar they are . Previous pump were about exactely the same.
havent touche this fibo since Mars 23th . you can see that the every time it hit all levels 0.38, 0.23, 0.5, 0.7 then big resistance around 100% retrace and now at 200%. Next big resistance is at 2.61 around $5800. If crossed we are headed towards the 3K levels before bounce . this is very healthy for a better market .
if it break the next stop is 7300