Bitcoin Attention strong support zone💲
💲Bitcoin Attention strong support zone.
💲This post is a direct continuation of the previous post:
💲As we can see bitcoin is still holding at the 16.5k levels where the accumulation is ongoing.
💲Based on the levels of 0.5 of the entire upward wave and 0.236 of the last largest upward impulse after the correction, I have determined an interesting support zone from which Bitcoin has bounced repeatedly.
💲Ahead is a resistance zone located at around 17.45k which I determined based on the 1:1 range cluster of the largest upward wave and the 1.272 level of the largest downward correction.
💲The scenario I am playing out is a final breakout from local support to the resistance zone marked on the chart.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💲This post is a direct continuation of the previous post:
💲As we can see bitcoin is still holding at the 16.5k levels where the accumulation is ongoing.
💲Based on the levels of 0.5 of the entire upward wave and 0.236 of the last largest upward impulse after the correction, I have determined an interesting support zone from which Bitcoin has bounced repeatedly.
💲Ahead is a resistance zone located at around 17.45k which I determined based on the 1:1 range cluster of the largest upward wave and the 1.272 level of the largest downward correction.
💲The scenario I am playing out is a final breakout from local support to the resistance zone marked on the chart.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Uwaga
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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