Bitcoin has been rather boring in the past few weeks, just hanging around this consolidation zone.
I have my eyes on this level off fibs, we have a bullish engulfing and now an indecision candle at the 38
I would like to see it test the supply zone and give us a decent break out of this consolidation zone
Note : Supply zones are determined buy the last Green candle before a big push down
Demand zones are determined by the last Red candle before a big move up.
Consolidation zones are determined by an area after a move up or down where the price moves around in for a period of time.
XBT 4hr
I have my eyes on this level off fibs, we have a bullish engulfing and now an indecision candle at the 38
I would like to see it test the supply zone and give us a decent break out of this consolidation zone
Note : Supply zones are determined buy the last Green candle before a big push down
Demand zones are determined by the last Red candle before a big move up.
Consolidation zones are determined by an area after a move up or down where the price moves around in for a period of time.
XBT 4hr