Bitcoin / TetherUSShort
btc analysis - Part 2
btc price has broken through the 0.2 fib zone and is approaching the 0.3 fib zone.
let's take a look at the 0.3 fib zone. previously 0.3 fib was resistance turning support when btc price broke through.
currently btc price is going to 0.3 fib zone. I think this is a weak support and will pass in 1 or 2 times to move to the 0.5 fib - 0.6 fib zone.
look at the price line has started to go down and proceed to penetrate the 0.5 fib area.
i will draw gartley pattern then it fits 0.7 fib region. this is the perfect spot for btc to accumulate and go up.
let's take a look at the 0.3 fib zone. previously 0.3 fib was resistance turning support when btc price broke through.
currently btc price is going to 0.3 fib zone. I think this is a weak support and will pass in 1 or 2 times to move to the 0.5 fib - 0.6 fib zone.
look at the price line has started to go down and proceed to penetrate the 0.5 fib area.
i will draw gartley pattern then it fits 0.7 fib region. this is the perfect spot for btc to accumulate and go up.
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