Looks like btc is heading for another jump. Today's rejection was perfectly at the rising trend line in addition to failing to hold below horizontal support at 3800 key and forming a bullish hammer candle.
The btc trend remains bullish as long as the above support levels are holding. If we break we might get more to the downside. For now the upside is favored for targets at the recent high at 4480 followed by 5000 area (1.618 fibonacci extension)
Best
Technician
The btc trend remains bullish as long as the above support levels are holding. If we break we might get more to the downside. For now the upside is favored for targets at the recent high at 4480 followed by 5000 area (1.618 fibonacci extension)
Best
Technician