BTCUSD Bitstamp
1D hollow candlesticks
Here we see a symmetrical triangle, as well as a parallel ascending channel, has formed starting from 04/01/2023.
A Fibonacci retracement indicates the Support area, If the price falls it breaks the symmetrical triangle down.
The extension of the Golden section of the Fibonacci retracement shows the next point of Support, and if we reverse it the ATL (all-time low) of the last few days.
In combination with the Forecast indicator, we can say approximately where the price will be.
Bitcoin (BTC) = $25,611.24 -9.22% (1 month)
Market Cap: $1,041,541,930,769
24h Vol: $48,489,867,901
Dominance: BTC: 47.7%
ETH: 20.1%
Good Luck
CryptoHellas Team