Zero881

BTCUSD weekly persepctive

BITSTAMP:BTCUSD   Bitcoin
If in doubt zoom out, BTC got a symmetrical triangle breakout on the weekly. The .618 fib level where it was rejected back in October 2019 and Feb this year has been cleared. If BTC can get a weekly close above this level it's a confirmed S/R flip and 11800k at the .786 fib is the next level to eye for a weekly close.

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.