BTCUSD could be setting itself up for a buyers territory below with matching fib level. A recent higher high allows buyers to target previous resistance that could turn to support if rejected.
- Higher high - Lower low pending
- Previous resistance turned support if rejected
- Matching fib level at the 50% mark with potential
- With positive outcomes for BTC in the economic data could send higher
PLAN
- Hold for buy zone around 24-25k price
- Look for double bottom higher high lower low
- Higher high - Lower low pending
- Previous resistance turned support if rejected
- Matching fib level at the 50% mark with potential
- With positive outcomes for BTC in the economic data could send higher
PLAN
- Hold for buy zone around 24-25k price
- Look for double bottom higher high lower low