BTC Daily: Critical Moment 61.8% Fib
Hi all,
I wanted to send out a revised publication here. I published an earlier version of this chart, but have revised the current fibonacci levels. BTC is currently finding resistance at the 618 Fib extension. I also included every peak to trough extension using Fibonacci tool. You can see only once in 2018 BTC was able to rally above 61.8%.
We have broke through the 100 Day MA. If we break above the 100% extension at 4,400 this is early signal bottom is in! All analysis in chart. Hope you enjoy!
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Always DM me here or on Twitter.
Cheers,
Bobby
I wanted to send out a revised publication here. I published an earlier version of this chart, but have revised the current fibonacci levels. BTC is currently finding resistance at the 618 Fib extension. I also included every peak to trough extension using Fibonacci tool. You can see only once in 2018 BTC was able to rally above 61.8%.
We have broke through the 100 Day MA. If we break above the 100% extension at 4,400 this is early signal bottom is in! All analysis in chart. Hope you enjoy!
Follow me on twitter for intra-day updates.
Always DM me here or on Twitter.
Cheers,
Bobby
Komen:
have to watch this closely. btc flirting with 618 level. could this be the spring board? stochastic and rsi overbought on all timeframes. let's see where things go over the weekend.
