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BTC Fibonacci analysis

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#BTC/USDT
BTC dropped and broke down from ascending support line and now price is at the golden zone between 0.5 and 0.618 fib levels of the last swing high.

🐻 breaking down from the next ascending trend line and the golden zone will continue down trend to support zone around $19k and maybe lower to touch 1.414 and 2 fib levels!!

🐮 holding this golden zone as support and closing a daily candle above ascending broken trend line, can change the game for bulls, and price heading up to touch the resistance zone around $28k.
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#BTC/USDT
#update

BTC broke down from support of 0.618 fib level and ascending trend line.

so as the 🐻 way in my last analysis price will drop to support zone around $19k.

anlık görüntü

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.