Bitcoin is looking for a 10k confirmation
Some of my reasonS why I think we are confirming 9.500K - 10K.
* Double Bottom
* Volume decrease from highest last month
* Less Volume form the previous low
* Touching major resistance
It looks a good scenario to move forward for the fibonacci retracements
- Fibo 38,2 % --> 10.700K
- Fibo 50% --> 11172K
- Fibo 61,8% --> 11650K
#GoodTrading
* Double Bottom
* Volume decrease from highest last month
* Less Volume form the previous low
* Touching major resistance
It looks a good scenario to move forward for the fibonacci retracements
- Fibo 38,2 % --> 10.700K
- Fibo 50% --> 11172K
- Fibo 61,8% --> 11650K
#GoodTrading
Trade closed: target reached
Position closed, after the price got 61,2% (11600)
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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.