cscarpa
Long

No Indicators this time, just some lines... BTC loves Fibonacci

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
We'll have to set a new picture if the current trend can confirm. 8000-9000 received good volume since some time and will act as a psycological baslevel for a possible uptrend, we'll look into a bullish target of 13600 for the coming days and weeks. Angle of Pitchfork represents the ongoing exponential updtrend on the logarithmic scale looking at the big picture.

Resistance levels will turn to support if broken:

9300 - still acts as resistance from 20k/5800 retracement
9510 - FIB 0.786
10000 - psychological level
10385 - FIB 0.618
11000 - FIB 0.5 & psychological level
11615 - FIB 0.382
12375 - FIB 0.236
13600 - FIB 0 (for FIB 1 = 8400 // FIB 2.618 = 0)
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