using fibonnaci retracement and extension is a good method to spot important resistance.
with the recent rise of the btc we have now reach new high that keep getting chellenged.
the big next resistance we could find on an uptrend is over 34k.
of course you need to have the fundamental and the volatility on your side to keep this analysis correct.
with the recent rise of the btc we have now reach new high that keep getting chellenged.
the big next resistance we could find on an uptrend is over 34k.
of course you need to have the fundamental and the volatility on your side to keep this analysis correct.
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.
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.