TheCryptoCactus

Bitcoin 1H PA Chart - 08/05/2019

Long
BITMEX:XBT   Bitcoin
$BTC 1H testing 0.786 fib level and looking for a break above, some good news is that previous strong resistance at $5800 is looking more like a S/R flip.

Fib level currently fighting PA, could see price consolidation in this higher range but eventually breaking upwards.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.