cryptoBob102

BTC double 0.382 fib level tested

BITSTAMP:BTCUSD   Bitcoin
Bitcoin was hold at 0.382 fib level from 2019 high which btw. confluences and is also 0.382 fib level of the ATH. The pink line being the 12-hour 200 EMA and the yellow line being the weekly 21 EMA, both of them are strong support around those levels. The weekly 21 EMA might probably soon get re-tested as it holds significant value for a bullish asset coming back down to re-test it prior heading back upwards. Currently weekly 21 EMA is at about 9360 level.
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