BitcoinUpdated BTCUSD
Could 3000 dollar be the bottom?
- Retracement from main pivot results in Fib target around 3100 dollar
- 200 weekly MA also around 3100 dollar target
- previous resistance and support on 3000 dollar
- Retracement from main pivot results in Fib target around 3100 dollar
- 200 weekly MA also around 3100 dollar target
- previous resistance and support on 3000 dollar
Note
Additionally,50 montly MA also upsloping and will probably touch around 3000 - 3100
Note
Both 50 montly and 200 weekly have not yet been crossed for btc since 2012Trade closed: target reached
Hit the 200MA exactly. I do expect it to make atleast dubble bottom or peak lower
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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.