Hazel-Ra-Owsla

Still coming down

Short
Hazel-Ra-Owsla Updated   
COINBASE:BTCUSD   Bitcoin
We set an ATH recently and that always comes with big selling, we were rejected by the 400% Fib Line from the 2018 ATH.

We bounced and then tried again to break the new AH but were rejected of course.

This represents a double top and we'll have to come down to retest our support which should logically fall near the lower fib line historical pair.

Btc will then come up to break the 400% fib from the old 2018 ATH.
Comment:
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.