Hello Traders
as you can see in the chart above
Bitcoin is exactly on the bottom of its ascending channel and got rejected on 0.618 Fibonacci
on the other hand, Bitcoin has not closed its daily candle yet.
In 1 hour, RSI is oversold. So technically, Bitcoin is just correcting unless it's broken to lower levels.
------------------------------------------------------------------------
What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Good luck.
as you can see in the chart above
Bitcoin is exactly on the bottom of its ascending channel and got rejected on 0.618 Fibonacci
on the other hand, Bitcoin has not closed its daily candle yet.
In 1 hour, RSI is oversold. So technically, Bitcoin is just correcting unless it's broken to lower levels.
------------------------------------------------------------------------
What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Good luck.
