Buy Zone on 61.8% Fib Support for $BTC

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The Fib levels are working well for support and resistance levels for spot $BTC.

The market is showing a typical throwback to the trend line post-break and where the trend line matches up with the 61.8% level the intersection should find key buying interest.

For the buyers that missed the first time before the run higher, look for them to enter inside this buy zone and also look for the shorts to cover here too.

Happy trading,


A hahaha
Wave analytics of BTC (TODAY) for your clients and partners! Good luck to all!
can you explain some time how you make a decision when to use log or linear chart ...
base on this post i guess its linear right ?
FiboSwanny justclueless123
@justclueless123, the price chart is a log chart. I use log charts 99% of the time. Every once in a blue moon i use a linear chart on really short time frames.
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