Volatility seems to pick up pace recently.
Mainly to the downside sadly, wiith a break below the ascending trendline that was created.
Though it seems to have recovered to the 61% of fibonacci after trading below the 50% retracement.
If bitcoin fails to remain above the 13550-13650 support levels (in green), there is a risk of a further downside movement. In this case will could see an attempt of a retest of 13000$ support by the bears.
Mainly to the downside sadly, wiith a break below the ascending trendline that was created.
Though it seems to have recovered to the 61% of fibonacci after trading below the 50% retracement.
If bitcoin fails to remain above the 13550-13650 support levels (in green), there is a risk of a further downside movement. In this case will could see an attempt of a retest of 13000$ support by the bears.
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Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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.