EnlightenedTrading

QUADRUPLE RESISTANCE! Watch out for BITCOIN!

Short
COINBASE:BTCUSD   Bitcoin
Hey there,

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Bitcoin is heading into quadruple resistance on the daily timeframe.
  • 0.618 fib

  • 200 and 100 D moving average

  • structural resistance

  • trendline

    Take care!
    Also psychological 8k level!
    I would look for a break down ranging from 7,200 to 6,400 USD.

    Cheers,
    Konrad


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