Fibo 1.618 is a significant resistance area which BTC struggling on. In a 4-hour timeframe BTC is moving in an ascending channel and approaching the bottom line near 58800 USDT (red cross). The next level is 57200 USDT. However a bullish market can be continued to the midline of the channel where long term trend from ATH (green line) meet the channel midline (blue...
From the viewpoint of Price action 50300 (yellow line) is a significant support level while Fibo 1.618 level also matches 50285 USD for BTC and meanwhile Bolinger Bond shows the price below the mid line. In case of bullish market next fibo levels will be 52800 then 53700 and to be continued to the 0 level of Fibo in 57076 and in case of braking that a sharp...
BTT has completed its pullback to resistant area 0.0078-0.0080 recently. In case of stable condition in BTC next upward trend for BTT would be to the 0.0098 and then 0.0120
