xosignals

What's next? #BTCUSD #Bitcoin

Long
COINBASE:BTCUSD   Bitcoin
After the Bitcoin reached the target we set for him last time at $ 11,000 we set a new target at $ 13000.
We use Fibonacci Retracement, and as we can see, we reached 0.5% resistance, so the Bitcoin may fall to the new support area at 9000 and only then rise to 13000 (the last time the Bitcoin reached the 38% line and then it fell to its support area)
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.