BitcoinUpdated CRITICAL SUPPORT & RESISTANCE AREA ON THE WEEKLY FOR BITCOIN
Let's see how Bitcoin will Close this Weekly Candle to Recognize better WHERE it is Headed in the Near Future Term.
Note
KEY LEVEL TO WATCH0.786 Fibb.
NOTE that this Particular Level is a strong Support and Resistance level since from January of 2018
Note
Weekly Candle when this post was published managed to Close Green[tho barely touching the Fibb'line @0.786 Fibb. light blue line, and we opened this Weekly Candle strongly when the price went to close to reaching 12K (11.960$0).BTC's next target is the wick of 12.4K U
DOLLAR [the wick], but firstly, BTC needs to determine a STRONG SUPPORT on the Fib Level 0.786 [11.7K to be strong Support for continuation of upward movement]This month in particular[First Idea on Monthly] is DECISIVE, especially these first two weeks to determine the Weekly Trend.
HOLD YOUR EMOTIONS AND MOST IMPORTANTLY
TRADE SAFE
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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.