Chanolja

[Chanolja] XBT/USD Trend analysis

BITMEX:XBTUSD.P   Bitcoin
Currently, Bitcoin is showing a strong uptrend, breaking through the 6360 and 6450, which were held in resistance. This move is also related to Nasdaq.

When you draw Fibonacci again based on the bitcoin chart that creates a soaring trend, you can grab the resistance of 6650 ~ 6750.

This corresponds to the 100% portion of Fibonacci and the trending Fibonacci resistance in the big picture.

On the other hand, from the point of view of Ipyeong, several Ipyeong Lines are twisted and converging. Therefore, it requires a strong force to raise it at a time, and it is possible to go through a period adjustment that allows the two lines to converge more.

Thank you for reading my briefing today.
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