as titled the bitcoin chart has no fib circle support after the 16th feb
since the first range after the impulse the fib circles have acted as support and resistance ranging the price.
the most recent drop found support on the circle around 21500.
the immediate (today) circle support and resistance zones are 19k and 24k.
after the 16th feb there is no circle support below and the door to 12k is wide open, i would expect decent movements soon.
since the first range after the impulse the fib circles have acted as support and resistance ranging the price.
the most recent drop found support on the circle around 21500.
the immediate (today) circle support and resistance zones are 19k and 24k.
after the 16th feb there is no circle support below and the door to 12k is wide open, i would expect decent movements soon.
Note
lol, forget the 16th we good Note
Note
dual circle confluence
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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.