Hello traders,
Watching BTC approach the resistance line at 11608. It tried 3-4 times in late Jan to breach that line before retracing to the 6000 range. Now we are back and coming in with stronger volume. Let's see if BTC can turn that into an area of support. 11256 is where I have the .618 fib line drawn. Getting above both of those lines is an important step in continuing the upward momentum.
*** The ideas posted here are not a recommendation to buy or sell cryptocurrency. ***
*** The posts are for educational purposes only. ***
-CrypToNY026
Watching BTC approach the resistance line at 11608. It tried 3-4 times in late Jan to breach that line before retracing to the 6000 range. Now we are back and coming in with stronger volume. Let's see if BTC can turn that into an area of support. 11256 is where I have the .618 fib line drawn. Getting above both of those lines is an important step in continuing the upward momentum.
*** The ideas posted here are not a recommendation to buy or sell cryptocurrency. ***
*** The posts are for educational purposes only. ***
-CrypToNY026
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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.
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.