TradingView
FibnFork
Feb 8, 2019 10:30 PM

Bitcoin spike into key level 

Bitcoin / U.S. dollarBitstamp

Description

The spike in btc ran right into key median slope resistance. Along with the median slope is the 50DMA & 38.2% fib retrace off Dec-Jan slide. A break of this level and a potential run to test previous highs @~$4100 is possible. Rejection, and we stay in this channel between the median line & 38.2% slope.

2hr pitchfork
More