Bitcoin Attention strong support zone💲
💲Bitcoin Attention strong support zone.
💲This post is a direct continuation of the previous post:
💲As we can see bitcoin is still holding at the 16.5k levels where the accumulation is ongoing.
💲Based on the levels of 0.5 of the entire upward wave and 0.236 of the last largest upward impulse after the correction, I have determined an interesting support zone from which Bitcoin has bounced repeatedly.
💲Ahead is a resistance zone located at around 17.45k which I determined based on the 1:1 range cluster of the largest upward wave and the 1.272 level of the largest downward correction.
💲The scenario I am playing out is a final breakout from local support to the resistance zone marked on the chart.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💲This post is a direct continuation of the previous post:
💲As we can see bitcoin is still holding at the 16.5k levels where the accumulation is ongoing.
💲Based on the levels of 0.5 of the entire upward wave and 0.236 of the last largest upward impulse after the correction, I have determined an interesting support zone from which Bitcoin has bounced repeatedly.
💲Ahead is a resistance zone located at around 17.45k which I determined based on the 1:1 range cluster of the largest upward wave and the 1.272 level of the largest downward correction.
💲The scenario I am playing out is a final breakout from local support to the resistance zone marked on the chart.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Note
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Related publications
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.