BTC - H1/M15 - TRADING IN THE ZONE - AT A GLANCE
H1 : Ongoing short term recovery in progress.
Watch Fibonacci retracements as resistances levels
Interesting to note that the 61.8% coincides with the H1 clouds
resistance area and above there is the downtrend line resistance
which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery.
Similar view than in H1, with clouds area as the first resistance.
Interesting to note that the former support line coincides also roughly
with the 50% Fib retracement
On this very short term time frame, a move above the clouds would be
the first signal of a sustainable short term recovery
Watch Fibonacci retracements as resistances levels
Interesting to note that the 61.8% coincides with the H1 clouds
resistance area and above there is the downtrend line resistance
which has not been broken yesterday !
M15 : Short term bullish divergences triggered a recovery.
Similar view than in H1, with clouds area as the first resistance.
Interesting to note that the former support line coincides also roughly
with the 50% Fib retracement
On this very short term time frame, a move above the clouds would be
the first signal of a sustainable short term recovery
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