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ArtofJR
Jul 27, 2019 2:53 PM

BTC - Bullish Cypher & Bat PRZ 

Bitcoin / United States DollarCoinbase

Description

- The Cypher has a PRZ around $8500 with a .786 and 1.272 D-point coinciding with the .50% retrace of major swing low (3k) to high (13k)
- The Bat has a PRZ around $7300 with a .886 and 1.618 D-point coinciding with a .618 golden retrace of major swing low to high as well as the .236 or major swing high (20k) to low (3k)
With the bears in full strength it would seem likely that the cypher prz would be a small bounce and then continued sell off to the bat prz.
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