BTC Fib: Speed Resistance Fan + 2 Trend Based Extension + 3 TZ
BTC Fibonacci Speed Resistance Fan + 2 Fib Trend Based Fib Extension + 3 Fib Time Zones
Starting November 3rd, using reversals at Jan 4th, Jan 13th, Feb 9th.
Looks like strong resistance on the upper 0.75 arc and strong support at all bottom arcs from 0.25, 0.382, to 0.5, even 0.618 and the lower 0.75 arch, although that's probably the most tenuous.
However, also looks about due for the harmonic bubble pop. Take your pick.
Then again, maybe that looming SEC decision can support more rally until 3/11 and then who knows. Happy trading.
Starting November 3rd, using reversals at Jan 4th, Jan 13th, Feb 9th.
Looks like strong resistance on the upper 0.75 arc and strong support at all bottom arcs from 0.25, 0.382, to 0.5, even 0.618 and the lower 0.75 arch, although that's probably the most tenuous.
However, also looks about due for the harmonic bubble pop. Take your pick.
Then again, maybe that looming SEC decision can support more rally until 3/11 and then who knows. Happy trading.
Penafian
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