Bitcoin
Updated

BTCUSD levels

324
We're back at that key long term .5 fib retracement off the entire market range.
We also have the .764 retrace (17th - 20th)
and the 100% extension off the H&S break.

Will this level hold & see a retest of key resistance at ~$13000 or will it fall and see a retest of previous lows/trend line
Note
Good initial bounce off support. See if it pushes through to test the trend line
snapshot
Note
Good follow through
snapshot
Note
Coming into a zone of res
snapshot
Note
Narrowing into wedge
snapshot
Note
Similar scenario to previous tentative break of this trendline
snapshot
Note
If we are starting 3rd wave up (blue count) see if this count of the 3rd wave (black) holds up. 3rd wave starting looking at 161.8% extension of 1st wave as initial minimum target
snapshot
Note
Another fail at neckline area and fall below the wedge
snapshot
Note
Another one?
snapshot
Note
snapshot
Note
Cleaner on coinbase chart, at intersection of 2 trends
snapshot
Note
Chart getting messy, but low exactly on the uptrend off 17th - 23rd low
snapshot
Note
Range narrowing
snapshot
Note
Coming to test this .5 retrace & .382 fib channel that has capped advances
Note
snapshot
Note
snapshot
Note
next zone if we keep pushing higher
snapshot
Note
Struggling at this level
snapshot

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.