BTCUSD could be setting itself up for a buyers territory below with matching fib level. A recent higher high allows buyers to target previous resistance that could turn to support if rejected.
- Higher high - Lower low pending
- Previous resistance turned support if rejected
- Matching fib level at the 50% mark with potential
- With positive outcomes for BTC in the economic data could send higher
PLAN
- Hold for buy zone around 24-25k price
- Look for double bottom higher high lower low
- Higher high - Lower low pending
- Previous resistance turned support if rejected
- Matching fib level at the 50% mark with potential
- With positive outcomes for BTC in the economic data could send higher
PLAN
- Hold for buy zone around 24-25k price
- Look for double bottom higher high lower low
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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.