Bitcoin
Alış

Fibonacci Level as Support or Resistance?

56
Will this short term trend to 8379 resistance hold?

We are on a nice little run up on the short term to our next resistance level from the previous run a few days ago. The high on the previous attempt at a bull run was at $8379 so that's the number to beat on BTCUSD here on the Coinbase chart.

I'm looking to see this play out in the next 7 candles so considering a stop loss for positions purchased in the 7900 level because if it goes back to the south of 7900 I'm expecting it to go quite a way down towards at least 7600 if not 7500.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.