BTCUSD near term Support Resistance: Bitcoin price watch zones

Updated

Update to my ongoing analysis of BTC movement.
This plot is to map the nearby zones of interest.
Everyone wants retrace (me too) but wow bulls!

Note

Here we are, confirming and retesting the first two resistance zones

snapshot

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Note

Bitcoin working its way through the resistance zones

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Close up shows the PRECISE boundries forecasted by the Fibs

snapshot

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Note

Testing each resistance zone and then accumulating at the zone below

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but this last and highest zone has caused the largest pullback. Lets see if buyers can push it back into the zone.

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Note

Bulls attacking the 5350 zone again, and getting rejected again but not as hard as last time (as one would expect)

snapshot

5300/12 will be Bulls' First line of defense

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