BTC - H1/M15 - TRADING IN THE ZONE - AT A GLANCE
H1 : Ongoing short term recovery in progress.
Watch Fibonacci retracements as resistances levels
Interesting to note that the 61.8% coincides with the H1 clouds
resistance area and above there is the downtrend line resistance
which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery.
Similar view than in H1, with clouds area as the first resistance.
Interesting to note that the former support line coincides also roughly
with the 50% Fib retracement
On this very short term time frame, a move above the clouds would be
the first signal of a sustainable short term recovery
Watch Fibonacci retracements as resistances levels
Interesting to note that the 61.8% coincides with the H1 clouds
resistance area and above there is the downtrend line resistance
which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery.
Similar view than in H1, with clouds area as the first resistance.
Interesting to note that the former support line coincides also roughly
with the 50% Fib retracement
On this very short term time frame, a move above the clouds would be
the first signal of a sustainable short term recovery
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.