Bitcoin's channel and S/R

Bitcoin / DollarBitfinex

Description

⋅ Jul 25, 2018 8:39 PM

Uptrend channel and supports/resistances (Fibonacci with negative values)

⋅ Jul 27, 2018 8:14 AM

The Fibonacci levels are working well

⋅ Jul 27, 2018 8:21 AM

The channels' lower band has become resistance now, next resistance level is the triangle's base/Fibo level -0.382% ($8080-$8130)

Comments

andrei.zavaschi

⋅ Jul 27, 2018 8:44 AM

Thank you !!! I haven’t seen that channel. You open my eyes!!!

anibalsantaella

⋅ Jul 27, 2018 9:14 AM

@ANDREI.zavaschi, I hope this will be useful. Thanks

anibalsantaella

⋅ Jul 27, 2018 8:27 AM

Supports and Resistance levels flip
"A broken support will turn into resistance"
"A broken resistance will turn into support"

anibalsantaella

⋅ Jul 26, 2018 11:44 PM

Next support $7700 -$7800