Been warning you about this Fib circle coming up and now we know it is resistance... but how strong ?
We do not know just yet but we can lok to the left to see what happened last time.
Over pn the left, we can See PA droped for 7 days bwfore breaking away.
This could happen again and support is below.
The 4 hour chart gives us a better insight
https://www.tradingview.com/x/bMNjDmxn/
PA has already found the first line of support and we currently have a small green candle.
Further support below at 104700 and 101700
If they fail, we have the 2.618 Fib extension at 98200 - This should be a strong line of support
If that fails, there is ther support and I will talk abou tthat when the time comes.
It is wise to be cautious with Bitcoin right now as the 4 hour and Daily MACD are Bearish.
This could change anytime and the Bullish "Sentiment" still exists
Bitcoin Dominance is dipping again but has the strength to bounce, so be cautious with the ALTS
https://www.tradingview.com/x/qdMRDSdR/
More Soon
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.