This is what I'd really like to see from
BTCUSD
over the coming days.
- A short lived correction to support and 618 fib retracement of recent pump.
- Bounce off support/618 to next resistance of 6800
- 6800 resistance is the 618 fib retracement from previous HIGH.
- Id like to see BTC close on the daily above that 618 preferably $6900+ forming a higher HIGH
If we can follow that path I would certainly become very bullish on BTC to break and hold above $7500.
I also see some short term bearish signs which I will present in an alternate chart.
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BTCUSD
over the coming days. - A short lived correction to support and 618 fib retracement of recent pump.
- Bounce off support/618 to next resistance of 6800
- 6800 resistance is the 618 fib retracement from previous HIGH.
- Id like to see BTC close on the daily above that 618 preferably $6900+ forming a higher HIGH
If we can follow that path I would certainly become very bullish on BTC to break and hold above $7500.
I also see some short term bearish signs which I will present in an alternate chart.
Follow us at The Crypto Den on -Twitter -https://twitter.com/thecryptodenau
-Facebook -https://www.facebook.com/thecryptodenofficial
-Discord -https://discord.gg/hsCeJ7r
Or join our fb group - www.facebook.com/groups/302509150207269