Hello Birdies, BTC on the fib channels and what it is showing.
So for all the moon boys you are targeting 50k I don't feel we are going there before going to 30k or 22k.
One more thing if this blue fib act as a strong resistance again we may visit 37k-38k
- Let's talk about the blue line first BTC twice hit that line and shows a fall of 7%-9%. RIght now it is trying to break it again once it is broken, there is a resistance ahead
- This resistance previously was a support but BTC unable to hold it and fall from it 3 times the last time it join hands with blue fib line the latest crash.
- After that we have another important resistance line which caused BTC to fall from 48k. We feel this line with the next red fib line will be the cause of most awaited short.
- If broke, the next resistance line is the shadow of ATH.
So for all the moon boys you are targeting 50k I don't feel we are going there before going to 30k or 22k.
One more thing if this blue fib act as a strong resistance again we may visit 37k-38k
Nota
WOW rejected again from the same fib lineNota
Updated chartNota
WOW just WOW we hit every line as planned what a profit
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