Downtrend channel is broken after huge pump.
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.
Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Visible volume/price divergence may indicate another pump - another minor uptrend in channel.
Fibs/uptrend channel S/R to watch:
fib 0.236 : 10000USD
fib 0.618 : 11550USD
Note
Holding curve direction.
Bearflag: resistance @10.800USD
Support @10.000USD
Note
4H Chart:
BTC hit .236fib (with position near 10k USD) as predicted before.
After a small bounce still holds uptrend channel.
Note
1H Chart:
Scenario A: Heading straight to 11000, after successful fight with resistance (10350, .618fib).
Scenario B: Slightly south and bounce from support (@9850) visiting 11000 again.
Both bullish.
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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.