TradingView
BigChonis
Jun 26, 2019 6:20 PM

Bitcoin reaches the "Golden Zone" up the ATH Mountain 

Bitcoin / United States DollarCoinbase

Description

Bitcoins Bullish parabola has brought the price today to the "Golden Zone" beginning where the 61.8% level derived from the previous ATH at $19890's SUMMIT and down to the BASE CAMP at $3150's. This area also coincides at the next horizontal area of price history going up to just about 14K before the next jump higher at the 78.6% FIB extension to over 16K which represents the last horizontal resistance until ATH level. Note the 50% level down now at $11,500 was the previous resistance before the break to 61.8... so it would be the first level of backtest support until the next FIB level is achieved...Trade Safe...Chonis
More