I'm expecting BTC to have a small retrace here, bouncing off the .382 Fib Fan level and resistance level - Before re-testing the lower support, just below the .66 Fib level then breaking previous resistance, with a small bounce off the .382 again to retest the resistance, flipping it into Support.
Once this is flipped into Support, I can see us moving up to retest the .5 Fib Fan Level
Once this is flipped into Support, I can see us moving up to retest the .5 Fib Fan Level
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Come join me over at Cryptohub - The number 1 place for all things Crypto:
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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.