BTC nears decision pt 42k & 50% Fib Channel; where next?
BTC is forming a symmetrical triangle or wedge & is now trying to breakout upper wedge.
It already broke thru a downtrend line & the very thin Ichimuko Cloud. However, 42-43k zone is still a
big resistance where we saw a lot of selling in the past. Btreaking above we will see a retest of 46k.
Failure will see BTC retesting 33k.
Also BTC is now at the crucial 50% Fib Channel pivot. We shall see very soon if if it crosses or get rejected down.
For your guide only
It already broke thru a downtrend line & the very thin Ichimuko Cloud. However, 42-43k zone is still a
big resistance where we saw a lot of selling in the past. Btreaking above we will see a retest of 46k.
Failure will see BTC retesting 33k.
Also BTC is now at the crucial 50% Fib Channel pivot. We shall see very soon if if it crosses or get rejected down.
For your guide only
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.