TradingView
CrimsonBull
Aug 2, 2018 8:04 PM

BTC/USD Support Levels 

Bitcoin / DollarBitfinex

Description

Currently looking at FIBs to provide support with .5 fib being a hard point of support as it nearest the trend line we established before the huge rally.

Will remain bearish until we break above $8,500, staying hedged and looking for a short opportunity when approaching newly formed resistance which at this case I see as $8,000
Comments
syrinxflunki
bby x
syrinxflunki
broke your line too reee
Debo450
Are you cautious due to the possibility of a Flash Crash because of Okex futures contract being Unfulfilled
CrimsonBull
@Debo450, Yeah for sure, it's a huge unfulfilled position, always better to be safe than sorry!
syrinxflunki
thanks luv x
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