quickshoe

Breaking the resistance

quickshoe Updated   
COINBASE:BTCUSD   Bitcoin
We've fallen below the 0.5 FIB and are creating lower lows from the recent drop. We've also fallen below a resistance line that traces back to a strong double top that was created in 2018. This has me thinking we have more to fall. I'm watching closely.
Comment:
This line has proven to be a pretty strong support/resistance line. And we are back again today...
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.