Currently in a descending channel, a pattern that often rhymes with trend reversal.
We need to break this fibonacci circle if we want to advance higher.
There's a solid support at 1$.
The MACD MA's are about to cross.
Solid resistance at $1,20 but, with some volume we should be able to break.
We need Bitcoin to stay calm for any of this to unfold.
We need to break this fibonacci circle if we want to advance higher.
There's a solid support at 1$.
The MACD MA's are about to cross.
Solid resistance at $1,20 but, with some volume we should be able to break.
We need Bitcoin to stay calm for any of this to unfold.
Trade active
4HOUR chart MACD moving averages just crossed.Note
On track
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.