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MBAH_BTC
Nov 16, 2020 4:32 PM

BTC next resistance area is 16.884 Long

Bitcoin / TetherUSBinance

Description

BINANCE:BTCUSDT

After through sideways on last weekend we finally get bullish trend after rejected below area fibonaci line (15.840), as i told you on another published chart that BTC will cross breakthrough pitchfork red median line and just waiting confirmation for continuation or pullback for retracement at untested support (16.500)
For the next target will be at area fibonacci level 200% (16.884)

we have "tested" and "main" support at areas 15.840 and 15.5000 based on fibonacci level key...

Trade closed: target reached

DONE...
Touched and rejected at fibonacci level...

Trade active

After rejected at resistance level, now it moves to untested support...
pay attention for this retest, because tf 1d already indicates overbought, it will be retracement for tf 1d...
Comments
GoldenTrades0816
I agree. its break or pullback at that point. if break 17.1
MBAH_BTC
@GoldenTrades0816, High possibility if pullback happens at area untested support will shows retracement for continuation...
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