If BTC can break out across the 0.5 Fib logarithmic curve resistance @ $36.6K (with volume), we could be looking at a $45K BTC in just a matter of days.
Crazy, right?
If PA is rejected at this resistance, I would expect a corrective move between $34.85K and $28.4K, with $31.525 the median target -followed by a retest of the resistance.
Let's see how powerful this move is, could be a "blow off top" of this strong parabolic move letting us know re entry opportunities are quickly approaching.
Happy Trading!
Crazy, right?
If PA is rejected at this resistance, I would expect a corrective move between $34.85K and $28.4K, with $31.525 the median target -followed by a retest of the resistance.
Let's see how powerful this move is, could be a "blow off top" of this strong parabolic move letting us know re entry opportunities are quickly approaching.
Happy Trading!
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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.