Both TOTAL and BTC are testing the same thing today:
the Fib resistance, now on the third attempt.
Price action is coiling right under this key level, and today’s close might finally tell us which way we’re heading.
Until then, about 12 hours of speculation left: unless price decides to run both directions first (because why not, it’s crypto).
Key notes:
Fib resistance zone tested 3 times
BTC and TOTAL showing identical structures
Daily close = potential trigger
Breakout could open the path for continuation
Failure means short-term pullback or range
Bias:
Cautiously bullish, market structure still favors upside, but confirmation needs a daily close above Fib resistance.
Always take profits and manage risk.
Interaction is welcome.
the Fib resistance, now on the third attempt.
Price action is coiling right under this key level, and today’s close might finally tell us which way we’re heading.
Until then, about 12 hours of speculation left: unless price decides to run both directions first (because why not, it’s crypto).
Key notes:
Fib resistance zone tested 3 times
BTC and TOTAL showing identical structures
Daily close = potential trigger
Breakout could open the path for continuation
Failure means short-term pullback or range
Bias:
Cautiously bullish, market structure still favors upside, but confirmation needs a daily close above Fib resistance.
Always take profits and manage risk.
Interaction is welcome.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.