Hello fellow Europeans!
I don't know if this analysis is valid, feel free to comment below. I'm always willing to know other people's perspectives!
-Falling wedge formed.
.Currently fighting for bounce at 6.6k€ support.
-Currently bouncing off 0.618 Fibonacci.
-Needs to break and close above 7,2k€ to escape from falling wedge and a very strong resistance....
Here's what I think that could happen if we don't acomplish breaking downtrendline at 9k-10k, lots of resistance there.
Comment to let me know what you think, always eager to learn more.
Wish you all Health, Wealth, Love and Hapiness,
Joan.
Here's a possible scenario for Bitcoin agains USD following Fibonnacci levels. huge amount of volume seen the last couple of days indicating a possible reversal. We won't be sure until we surpass the 9-10k mark and break downtrend.
Comment what you think and let me know your predictions. Always eager to learn more.
Wish you all wealth and health,
Joan.
