BitcoinLong
BTC against strongest resistance ever
RESISTANCE = In the graph above I consider 3 important lines:
- The 50% gray channel line (marked with red dotted lines in the graph)
- The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart)
- At this 5-day high, I create a Fibonacci Retracement and the last line is marked close to 40k dollars
- The 50% gray channel line (marked with red dotted lines in the graph)
- The 0.5 Fibonacci Retracement line with the base marked at the beginning of the high in December 2020 (marked with red dotted lines on the chart)
- At this 5-day high, I create a Fibonacci Retracement and the last line is marked close to 40k dollars
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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.