BTC has had a really strong run, breaking through 4 resistance levels before beginning to retrace from the 7500 resistance level.
I missed my opportunity to open a short position at the top so am holding now to see which support will hold. Once we see a bounce i will be watching closely again around the 7500 level for a potential short or hopefully it can breakout to head up and test 8000.
Looking for possible support levels at the 38.2 which aligns with a 4 hour support level and the 61.8 which aligns with a daily support level.
I missed my opportunity to open a short position at the top so am holding now to see which support will hold. Once we see a bounce i will be watching closely again around the 7500 level for a potential short or hopefully it can breakout to head up and test 8000.
Looking for possible support levels at the 38.2 which aligns with a 4 hour support level and the 61.8 which aligns with a daily support level.