Legend:
Orange Lines: Monthly Key Levels stating heavy support/resistance
Blue Lines: Weekly Key Levels stating light support/resistance
Red Box: Monthly Resistance Zone
Green Box: Monthly Support Zone
TurquiseBox: Target
Nice Fib Setup can be found from the last low around 3400$ on the weekly chart where a key level of supprt was established. First the countertrendline was hit in a manipulative spiek which instantly pulled back into the fib setup. This went on until the 78.6 fib@ 4040$ which is a weekly resitance level and pulled back from there. Now the fib setup is telling us that it will dump to the -27% level @3191 in the long run.
If you like to discuss my analysis with me please consider joining my telegram group found on my twitter.
Also I have a BTC-Tipjar if you want to show some appreciation for my work and free info I provide:
3D1F1ypdxFQcSc9bezhsJ3f4ZDjWWcFGii
Orange Lines: Monthly Key Levels stating heavy support/resistance
Blue Lines: Weekly Key Levels stating light support/resistance
Red Box: Monthly Resistance Zone
Green Box: Monthly Support Zone
TurquiseBox: Target
Nice Fib Setup can be found from the last low around 3400$ on the weekly chart where a key level of supprt was established. First the countertrendline was hit in a manipulative spiek which instantly pulled back into the fib setup. This went on until the 78.6 fib@ 4040$ which is a weekly resitance level and pulled back from there. Now the fib setup is telling us that it will dump to the -27% level @3191 in the long run.
If you like to discuss my analysis with me please consider joining my telegram group found on my twitter.
Also I have a BTC-Tipjar if you want to show some appreciation for my work and free info I provide:
3D1F1ypdxFQcSc9bezhsJ3f4ZDjWWcFGii