COINBASE:BTCUSD   Bitcoin
#Btc

Hello everyone, dear friends. Good weekend!
Bitcoin found an otic support zone 6250-6350 $ (0.382fib and 0.5fib, respectively).

The coin is clamped in two channels. With the penetration of the lower edge of the blue channel and the level of 382fib - the target: 618fib (6120-6180 $)
When the upper edge of the yellow subchannel penetrates, the target is 6450-6500 $.

Red line, I indicate the most likely scenarios (in my opinion), although I describe several options for the development of events.

In the case of such confusion with the market, other coins are completely reluctant to disassemble.

I am very pleased that you throw me your thoughts about the market. I try to answer everyone.
Trade with stops, all successful trades!

Related Ideas

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.