Long

Updated

Weekly BTC channel & few interesting R and S areas + 50/100 SMA

Weekly bitcoin channel and few interesting R and S areas + 50/100 SMA

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Ignore that strategy thing :)
I keep forgetting, this crap is automatically added

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and #Fibonacci price projection

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There is a high probability that positive change is coming. Haven't seen a green signal on this chart for a while now.

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Weekly resistance was hit and it held. Lets see, how this develops.
The W levels are ancient and the chart is actually is from last year. :)

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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.