Firstly you can see Bitcoin is reversing from its down trend, Now it has formed pole and flag on 1D frame.
You can also see it has given fake breakout on 200 Ema downside (Confirmation for upside strong momentum)
It has exactly retest from 0.38 Fibonacci level.
Last resistance has becomes today's support (where it has reversed from 200ema)
You can also see it has given fake breakout on 200 Ema downside (Confirmation for upside strong momentum)
It has exactly retest from 0.38 Fibonacci level.
Last resistance has becomes today's support (where it has reversed from 200ema)