I've been using these fib levels since we hit 3121 on bitmex and so far it has been on spot.
We're currently at the 0,79 6041.5.
we broke above the red descending resistance and we are now above the blue resistance line of xbtusd uptrend.
I would monitor today's closing, if we close above 6041.5 I expect us to go a bit higher, if not we might retest 0.618 - 0.705 area.
We're currently at the 0,79 6041.5.
we broke above the red descending resistance and we are now above the blue resistance line of xbtusd uptrend.
I would monitor today's closing, if we close above 6041.5 I expect us to go a bit higher, if not we might retest 0.618 - 0.705 area.
Comment:
Every fib level has been perfect and Bitcoin either wicked it or broke it then retested it. This is amazing.