Bitcoin
Updated
Hello friends
What is happening with cryptocurrency number 1
It's pretty clear that after the exponential growth we are corrected :) I on the chart showed the yellow support line by combining three points. showed fibonacci levels from the first impulse, 38.2% fibonacci is a strong level and we are right on the support line. , also we have MA200. ,
If you look locally, Bitcoin moves in a downward corrective black channel from which we must break the resistance line and continue moving upwards.
What else?
Also, with the yellow support line and the maximum price, I showed a bullish triangle which we will most likely breakup to the end of the month.
I hope my vision will be useful for you.
Best regards EXCAVO
What is happening with cryptocurrency number 1
It's pretty clear that after the exponential growth we are corrected :) I on the chart showed the yellow support line by combining three points. showed fibonacci levels from the first impulse, 38.2% fibonacci is a strong level and we are right on the support line. , also we have MA200. ,
If you look locally, Bitcoin moves in a downward corrective black channel from which we must break the resistance line and continue moving upwards.
What else?
Also, with the yellow support line and the maximum price, I showed a bullish triangle which we will most likely breakup to the end of the month.
I hope my vision will be useful for you.
Best regards EXCAVO
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